According to a report by Deep Tide TechFlow, Greeks.Live released a briefing stating that the cryptocurrency market is at the end of a bull market. The 200-day moving average of 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 of the continuation of the bull market.
MicroStrategy's financing model has shifted from zero interest to monthly interest payments, and the decline in premiums reflects a change in market expectations for Bitcoin growth. The short-selling strategy on the Solana/Ethereum cross is attracting attention, with analysis showing that Solana's exchange rate against Bitcoin may still have 50% room for decline, and funds are concentrating towards mainstream cryptocurrencies.
