The market continues to record a slight red: Bitcoin is currently hovering around the $116,800 mark, down about 1.3% for the day, while Ethereum trades around $3,678, slightly down but still holding a nearly 5-month high.

However, capital flows are starting to strongly move into altcoins: Solana has risen ~12% to the $200 threshold – the highest level since February; XRP continues to anchor near $3.6, marking a strong recovery. Experts believe the market is entering an "altseason" phase, with capital shifting from BTC to more practical projects.

Notably, there is an increase in institutional capital: Ethereum ETF recorded a record nearly $0.73 billion in the past week, supporting the prediction that ETH will continue to rise if the ETF platform continues to expand and adds staking.

Overall, while the market has short-term adjustments, it remains warm under the strength of altcoins and institutional capital, a sign that a more sustainable bullish cycle is gradually forming.