Bitcoin continues to achieve new all-time highs, consolidating demand while altcoins struggle with significant long liquidations, nearly reaching $1 billion.
Traders betting on an ‘altseason’ are facing losses as Bitcoin attracts liquidity, leading to a divergence where altcoins are unable to maintain momentum.
As liquidity remains tied to Bitcoin, altcoins like Ethereum and Solana could continue to experience challenges, limiting their potential for growth in the near future.
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