According to the latest analysis, the virtual asset market continued last week's slight volatility. Mainstream assets such as Bitcoin and Ethereum were volatile, but Altcoins with higher odds began to recover and move out of the downward channel.
Data showed that last week, the over-the-counter Bitcoin ETF inflow was about US$3.08 billion, and the Ethereum ETF inflow was about US$5 million; the weak balance within the market was broken, short-term holders gradually increased their holdings, and the market may enter a recovery phase.
MicroStrategy, a virtual asset-related stock, hit a new high, and the trading volume of its two-fold long ETF continued to expand. At the same time, the investment enthusiasm for meme coins in the market was high, and the market risk appetite increased, but investors were more inclined to trade high-odds derivatives. The virtual asset market may still need to wait for the wealth effect of the global stock market to spill over to increase its market share.
