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Legendary Trader Pigeon’s Latest Viewpoint — Bullish
1. $BTC Has already approached the cyclical bottom; in the next roughly week, it’s very likely the true market initiation window (hopeful for an upward move); many altcoins also have a chance to break through the current consolidation range.
2. From the overall trading volume (Volume) and open interest (OI), many tokens can actually see significant price surges with only small increases in new buy orders, so the market as a whole remains in a “low allocation” state.
3. The most critical current signal is whether BTC can effectively break through and hold above $80k; subsequently, core mainstream coins like Ethereum, Solana, Hyperliquid, and others need to start a new upward trend simultaneously for market sentiment to further expand.
The market is at a crucial breakout point; the direction choice in the next few days is very important.