Spot is king. As of now, those holding spot assets are the winners!
Ether is like a runaway wild horse, experiencing significant ups and downs. The influx of institutional capital is destined to lead to potential sell-offs, and the wind direction has once again turned towards Bitcoin. Capital is rotating in and out, completely igniting the sentiment in the entire cryptocurrency market.
First, you may not necessarily hold onto contracts. Secondly, you might not dare to participate. Therefore, those holding spot assets are the brave ones.
Capital is flowing across the board, presenting opportunities in the market within a certain timeframe, while the latter might be a trap. The early bird gets the meat, while the latecomer gets the bones.
The weekend surge exceeded expectations. It was initially thought that Monday would kick off a strong upward trend, but instead, there was an early wave of expectations. Such a crazy trend is likely a bait for more buyers, so caution is essential. Next, we will look at the market situation in the early morning phase. $BTC