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$BTC IS OPENING THE DOOR. THE QUESTION: DOES LIQUIDITY FOLLOW? $BTC is leading, but a rally becomes more meaningful when capital starts expanding into higher-beta risk. $BTC → liquidity leader $ETH → breadth confirmation $SOL → risk appetite gauge Altcoins → capital rotation The market doesn’t need every token to rally. What matters is whether participation expands enough to turn a breakout into a broader trend. Price can lead the way. But liquidity determines how far it can go.