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The current Crypto Assets market presents a unique pattern. The prices of Bitcoin and Ethereum continue to rise, mainly benefiting from the injection of ETF and US stock funds. However, aside from a few meme coins, the alts market performs flatly, lacking highlights.
This phenomenon is not unusual, but rather reflects the characteristics of the current market. We are experiencing a slow but steady pump cycle. Nonetheless, the flow of funds within the community remains limited, and market sentiment still needs further activation. A rate cut may become a key factor in stimulating market sentiment.
The project teams of alts and investors do want to drive the price up, but they are concerned about the lack of sufficient buying support. Currently, there are a wide variety of Crypto Assets, but there is a lack of obvious sector rotation and a chasing the pump and dump mentality. In this situation, even if there is an intention to push prices higher, it is difficult to find buyers.
However, the market situation may be about to change. It is expected that between August and September, we might see a wave of new trends. Before that, the market may undergo a thorough cleansing. In July, funds may first flow into large-cap coins, as these coins typically have stronger liquidity and a more stable investor base.
For investors, it is equally important to maintain patience and vigilance. Although the altcoin season may be approaching, the market is still full of uncertainty. Closely monitoring market trends and rationally analyzing various information will be key to coping with future market changes.