#比特币回升至97K Let's talk about the current most concerning issue for everyone, how will the market trend in the future?
Currently, BTC at 100,000 can still be considered a small support level. Even if it drops below 100,000, the larger support zone at 98,000-95,000 remains intact. There’s no need to worry about BTC dropping; we just need the major coin to move sideways or adjust through a bloodletting, while liquidity flows back into Ethereum and altcoins.
After the last bloodsucking trend of the major coin, the sequence of altcoin sectors was meme-defi-Ethereum-L2-ai-inscriptions.
Will this upcoming bloodsucking trend follow this sequence again?
We need to analyze and understand the direction of current market capital hotspots. First, let's look at Ethereum. In 2018, 2021, and even earlier this year, Ethereum has experienced some phases of general price increases, but the rebound effect this year has been particularly poor. The main reason is attributed to the disappointing launch of the Ethereum ETF, and some altcoins in the market, including staking projects and VC coins, have caused some dispersion effects.
At that time, many top-tier projects on Ethereum also started to issue coins at high market values, putting pressure on the remaining liquidity in the market. Over the past six months, they have experienced market cap repair and price re-evaluation, and the situation has improved significantly.
Currently, it has been in a net inflow state for 8 consecutive trading days, indicating that some hot money in the market is slowly returning to Ethereum.
