According to BlockBeats, on October 15, Zhou Lele, deputy chief operating officer of Shengli Securities, published an analysis saying that the virtual asset market continued last week's trend with slight fluctuations. Leading assets such as Bitcoin and Ethereum were wavering and entangled, but Altcoins with higher odds were recovering and moving out of the downward channel.
Last week, the over-the-counter Bitcoin ETF received about $3.08 billion in inflows, and the Ethereum ETF received about $5 million in inflows; the weak balance in the market was broken, short-term holders gradually increased their holdings, and the recovery phase may begin. MicroStrategy, a virtual asset shadow stock, hit a new high, and its two-fold long ETF trading volume also gradually expanded.
The investment in MEME coins is hot, and the market risk appetite is rising, but compared with the assets themselves, the willingness to trade high-odds derivatives is stronger. Virtual assets may need to wait for the wealth effect of the global stock market to overflow and increase market share.
