The market is still too short of money. New coins launched have drained the liquidity in the market.
In the meme sector, only the leader PEPE is strong. Other memes have hit recent lows, such as WIFI NOT PEOPLE, etc.
In the inscription sector, only the leader ORDI is strong. Sats and rats have to add a zero to themselves.
In the public chain sector, only ETH is strong. Even a strong SOL has fallen below 130u.
You still have to buy the leader when buying coins. The strength of Ethereum's ETF next month will be beneficial to ETH. It is expected that there will be a small market trend. I don't think there will be a big one.
For a really big one, the US dollar will have to be released.
