According to Deep Tide TechFlow reports, Greeks.Live released a brief stating that the cryptocurrency market is at the end of a bull market. The 200-day moving average for Bitcoin has reached $100,000, but the weak performance of MicroStrategy has raised market concerns. Whether Ethereum can break through $4,000 in the next two months is seen as a key indicator for the continuation of the bull market.
MicroStrategy's financing model has shifted from zero interest to monthly interest payments, and the decrease in premiums reflects a change in market expectations for Bitcoin's growth. The short-selling strategy for the Solana/Ethereum cross is gaining attention, with analysis showing that Solana's exchange rate against Bitcoin may still have a 50% downside potential, and funds are concentrating towards mainstream cryptocurrencies.
