The current market situation is like water that has just been boiled but hasn't reached the boiling point; the truly scorching market may still be ahead! Hold on to your chips, and don't get shaken out!
After just experiencing a wave of price increase, there's an interesting detail — whether it's decentralized or centralized exchanges, lending interest rates haven't skyrocketed, and the contract funding rates for Bitcoin and altcoins are quite stable. What does this indicate?
This wave of market action is entirely driven by real cash spot trading, and the market foundation is very solid!
Think about it: if leveraged funds had entered the scene, these rates would have already shot up.
The current situation reveals two key signals: first, the market is not being hijacked by leverage, and the rise is a healthy one; second, the carnival season for altcoins may just be starting, and there could be even bigger excitement ahead.
In simple terms: right now, everyone is using real money to buy spot assets, and it's not yet time to play with leveraged bets.
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