In the past week, the cryptocurrency market has welcomed a long-awaited comprehensive rebound. Bitcoin has returned above $118,000, and Ethereum has broken through $3,200. Overall market sentiment has shifted from panic to optimism, with the USDT premium rate rising, indicating that capital is accelerating its return to the crypto market.
1. Mainstream coins have taken the lead, with clear signs of capital inflow.
Bitcoin broke through a key range after a period of consolidation, becoming the engine of this market cycle. Institutional buying has significantly increased, and some ETF funds have returned to the market. Meanwhile, established public chains like Ethereum, SOL, and AVAX have also seen a rebound, with market risk appetite recovering.
II. Altcoin Sentiment Warming Up, but Severe Differentiation
Although mainstream coins leading the rally have boosted the overall atmosphere, there is significant differentiation in the performance of altcoins. Some leaders in the AI, RWA, and DeFi sectors are seeing a recovery in prices, such as FET, INJ, and LINK performing well; however, low liquidity coins still attract no attention, indicating that funds remain biased towards stable targets.
III. Macro and Policy Signals Boost the Market
Recently, the Federal Reserve maintained interest rates and released expectations of 'year-end rate cuts,' leading to a general rebound in global risk assets. Coupled with the warming regulatory attitudes towards cryptocurrencies in some countries, this has injected confidence into the market. Rumors about the expansion of cryptocurrency ETFs in Hong Kong have also become a catalyst for the market.
IV. Short-term Outlook: Structural Uptrend Will Continue
Technically, if Bitcoin can stabilize above 115,000, the next target range will point towards the 120,000 USD mark. With both the funding and sentiment recovering, mainstream coins still have further upside potential, but the rapid short-term gains necessitate caution to avoid being trapped by chasing high prices.
Conclusion:
This round of increase resembles a 'confidence restoration battle.' The reallocation of mainstream funds indicates that the market bottom signals are becoming increasingly clear. In the short term, moderate participation in strong mainstream coin markets is advisable, while in the medium to long term, attention should be paid to institutional layouts and policy direction, patiently waiting for the arrival of the true main upward wave.#加密市场反弹 $BTC $ETH
