The cryptocurrency market showed the following key situations in the morning:
On the one hand, the market was extremely hot, and the whole market seemed to be in a frenzy, fully embracing the meme coins. The top four in the list of gains were all meme coins, such as PNUT, ACT, PEPE, etc., which performed particularly well. Even the meme coins of the SOL chain became the "golden shovel" of this wave of market. The list of gains was mostly occupied by the sol series, while ETH and Ethereum series coins followed the rise but not the fall, and value coins and VC coins were left out.
On the other hand, relevant data and dynamics are worth paying attention to. Analysts at Glassnode, a crypto data provider, reminded that Bitcoin may soon usher in a major correction. Profitable people can sell one-third of their positions in order to take them back at the bottom. It is crucial to do a good job of risk control, after all, there is no end to making money. The US spot Bitcoin ETF has a net inflow of US$514.43 million for 6 consecutive days. The cryptocurrency fear and greed index rose to 88, and the market is in an extremely greedy state. This is both a risk and an opportunity, so remember to reduce positions and do a good job of risk control. In addition, Tether has issued 5 billion USDT in the past 5 days, like a reservoir of US dollars, making it easier for dog dealers to pull the market. Moreover, every time Bitcoin falls back and fluctuates, various altcoin sectors will usher in a round of surges. Currently, many altcoins are in the round of surges. #超级MEME周期? #marvin尾数7055