$BTC

The net outflow of Bitcoin ETF yesterday was $684 million, in stark contrast to the net inflow of $283,000 into Ethereum ETF. This phenomenon indicates a significant shift in attitude towards these two major mainstream ETF products.

According to CME's "Rice Reserve Observation" data, the market has different expectations regarding the December interest rate decision for rice reserves. The probability of maintaining the current interest rate is 44.1%, while the probability of a cumulative rate cut of 25 basis points is as high as 55.9%. The uncertainty in the direction of interest rates brings potential variables to the market.

Currently, speculative funds are gradually withdrawing from Bitcoin and flowing into altcoin sectors. This shift is often an important signal that the "altcoin season" is about to begin, indicating that the altcoin market may welcome a new round of increased activity and heightened volatility.