Recently, the cryptocurrency market has experienced a dramatic fluctuation. Bitcoin once broke through the $123,000 mark, triggering optimism in the market. However, this breakthrough was quickly confirmed as a false signal. The release of economic data led to a change in market expectations, and the price of Bitcoin subsequently fell back.

Nevertheless, market analysts still believe that $134,000 is an important long-term target for Bitcoin. The current adjustment may provide a good entry opportunity for investors.

As for the highly watched altcoin market, its launch timing may depend on multiple factors. The relaxation of regulatory policies, such as the advancement of the Clarity Act, as well as shifts in monetary policy, could become key triggering points. Industry insiders expect that the altcoin market could be active as early as the fourth quarter of this year, but it may also be delayed until next year.

In specific altcoins, Dogecoin ( DOGE ) has recently attracted attention. Data shows that large holders have bought a substantial amount of DOGE in the past week, exceeding 200 billion coins. Although the price is temporarily maintaining a horizontal trend, the possibility of a breakout is increasing. Analysts point out that $0.22 and $0.247 are important price points, and a breakout could lead to significant gains.

Another token worth paying attention to is OKB. Last week, the price of OKB experienced explosive growth, surging from $46.57 to over 160%. On August 13, the single-day increase reached an astonishing 125%, setting a new historical high of $142.

Overall, the cryptocurrency market is still full of opportunities and challenges. Investors need to closely monitor market trends while carefully assessing various risk factors. Whether it is Bitcoin or altcoins, significant fluctuations may occur in the near future.