Bitcoin has recently performed strongly, breaking through the $110,000 mark and creating a new historical high. This breakthrough is not just significant in numerical terms, but is widely interpreted by the market as the beginning of a new strong cycle.

$110,000 used to be an important resistance level, but it has not only been broken through, but has gradually turned into a support level. This change reflects a shift in market sentiment from cautious probing to relatively optimistic.

Currently, the expectation that the Federal Reserve may cut interest rates has brought a potential easing environment to the market. Against this backdrop, the likelihood of Bitcoin experiencing a significant correction in the short term is relatively low, providing a certain level of stability for the entire cryptocurrency market.

With the strong performance of Bitcoin, investors' attention has begun to shift towards other cryptocurrencies. Recently, some altcoins have started to see significant single-day gains, which have been uncommon in the past few months. This increase in activity may indicate a growing confidence among investors, who are starting to seek investment opportunities with higher risk-reward ratios.

Considering the leading role of Bitcoin, the improvement of market sentiment, and the historical cycles, other cryptocurrencies may be迎来 a wave of overall market trend. The upcoming period from July to September may be a relatively favorable window for an upward trend.

It is worth noting that some investors may transfer part of their profits from Bitcoin to other cryptocurrencies, while new funds may also enter the market, looking for smaller market cap coins with greater potential for appreciation. However, investors still need to be cautious and fully recognize the high-risk characteristics of the cryptocurrency market.