#加密市场回调 The latest weekly data from the Crypto Assets market shows a clear difference in the capital flows of Bitcoin and Ethereum Spot ETFs. Recently, despite the overall market purchasing power continuing to rise, considerable investment funds have also re-entered the encryption field. However, the data clearly indicates that the recovery speed of Bitcoin's purchasing power is significantly faster than that of other crypto assets. Although the total amount of inflowing funds is currently relatively limited, it undoubtedly indicates that the market's sentiment towards crypto assets is gradually turning positive.



In contrast, Ethereum's performance appears to be lackluster. Not only is its buying momentum inferior to that of Bitcoin, but selling pressure has also increased, with investors currently showing a clear preference for allocating to Bitcoin assets. It is worth noting that the Solana Spot ETF is planned to be launched successively, which may divert some market funds; however, due to the lack of support from large financial institutions such as BlackRock and Fidelity, its impact is expected to be quite limited.

The current market is highly volatile, with significant fluctuations in coin prices. The Federal Reserve meeting scheduled for tonight will also be an important factor influencing the market direction.

Personal market forecasts indicate that there may be a downward trend in the short term, with Bitcoin potentially retracing to the levels of 108,000 or 105,000 USD, while Ethereum may test the range of 3,750 to 3,550 USD.
BTC-2.83%
ETH-4.66%
SOL-5.2%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
LightningHarvestervip
· 3h ago
Bitcoin is the boss.
View OriginalReply0
APY_Chaservip
· 10-29 15:48
buy the dip and lose on the other hand
View OriginalReply0
PumpingCroissantvip
· 10-29 15:47
It's really too ugly, ETH is going to crash.
View OriginalReply0
TopBuyerBottomSellervip
· 10-29 15:47
Let it fall, I've already Tied Up.
View OriginalReply0
TestnetScholarvip
· 10-29 15:37
amazing ah starting dumping now
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)