Recently, $BTC has experienced another short-term surge, with an increase of nearly 2% in a short period. In this kind of slow-paced market environment, such sudden fluctuations are indeed worth paying attention to. Interestingly, the entire market has recently shown signs of a big player absorbing the supply.
Careful observation of the past few days' performance shows that $BTC's gains have clearly outpaced $ETH and $SOL. What does this indicate? It suggests that the mainstream market funds are still conservative, holding onto a cautious approach. As long as the market remains in the bottoming phase, funds will focus more on leading assets like BTC. Only when the market truly breaks through resistance levels will second-tier coins like $ETH and $SOL have a chance to perform. With the weekend approaching, the probability of a short-term rebound still exists. Continuing to observe.
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Recently, $BTC has experienced another short-term surge, with an increase of nearly 2% in a short period. In this kind of slow-paced market environment, such sudden fluctuations are indeed worth paying attention to. Interestingly, the entire market has recently shown signs of a big player absorbing the supply.
Careful observation of the past few days' performance shows that $BTC's gains have clearly outpaced $ETH and $SOL. What does this indicate? It suggests that the mainstream market funds are still conservative, holding onto a cautious approach. As long as the market remains in the bottoming phase, funds will focus more on leading assets like BTC. Only when the market truly breaks through resistance levels will second-tier coins like $ETH and $SOL have a chance to perform.
With the weekend approaching, the probability of a short-term rebound still exists. Continuing to observe.