Phyrex
Phyrex|Jul 23, 2025 14:13
The emergence of the knockoff season is inevitably accompanied by a strong overflow of funds, and where would the knockoff season come from if the overflow of funds did not appear? At present, the main buyers of ETH are ETF investors or BlackRock investors. These investors may not have left yet, but have left. Will they play with altcoins? BTC has already given us an answer to this question before, so the emergence of the knockoff season still requires the financial activities of the cryptocurrency industry itself. However, currently more of this funding is still invested in Bitcoin, and there are no obvious signs of withdrawal. Therefore, the knockoff season may need to wait a little longer. At present, it can be seen that FOMO's sentiment is gradually fading, and what is needed is new positive stimulation. There is no reason for this decline, just like the previous two days when it fell below $116000, there is no direct negative reason, and the market's normal reaction is just that. At present, the main games in the market are still tariffs and monetary policy. This article is sponsored by Bitget | @ Bitgetzh
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