A few days ago, there was a sharp decline. Are the teachers who liquidated still in cash?
As previously mentioned, the market's deep correction has ended, and prices are expected to reach new highs in the short term.
In the past 24 hours, crypto has surged dizzyingly. BTC has surpassed $100,000, and ETH has broken past $3,900, nearing new highs in the rebound.
Currently, there are two bullish logics that have been consistently observed: one is the continuous issuance of USDT and USDC, which has approached $5 billion in less than half a month. The other is the continuous net inflow of BTC and ETH for more than ten days.
Additionally, a new positive factor is that the Trump family project World Liberty Financial (WLFI) has been continuously buying ETH, with holdings as high as $57 million.
There are many high-quality assets, especially in DeFi and other assets, which have been continuously rebounding and surging. Within 24 hours, AAVE HYPE has skyrocketed over 30%.
Other DeFi assets like SUSHI, EIGEN, MAGIC, SNX, 1INCH, UNI, ZRX, and DYDX have also seen significant increases.