Is the bull market about to make a comeback? The price of Bitcoin is steadily standing above $115,000, and Ethereum has also risen back to $3,800! At this rate, will $4,000 take a long time to reach?
However, at the beginning of August, the market showed a chill: on August 1st, the $BTC ETF saw a withdrawal of 81,200 units, marking the second-largest single-day net outflow since the ETF's inception; on August 4th, the $ETH ETF experienced a net outflow of 133,100 units in just one day, setting a historical record.
Funds, when they come, are quite imposing, and when they leave, they do so mercilessly. Past experiences have proven that if there is a large outflow from the ETF, it often signifies that a new round of market sentiment is cooling down, and the market begins to calm from its previous exuberance.
However, with the hot money pulling out, does this also mean that another window of profit opportunity is quietly opening? If mainstream coins are being adjusted by institutions, will funds seek a new investment direction? Could the altcoin market be about to take center stage?
Currently, we have already made arrangements internally and laid out several clearly defined and highly potential quality coins. Moreover, Sister Rong has also compiled a list of altcoin potentials to focus on in the second half of the year, and interested friends can reach out to me for a reference.
Recently, many established altcoins have started to rise first, such as SPK, MYX, TA, and PLAY, and there is a high possibility of a doubling or even tenfold explosive market in the second half of the year.
