8.11 Market Trend Analysis:

The new week kicks off with a big pump!

Bitcoin breaks through 121,000, the bull flag continues its upward momentum, and new highs are just around the corner!

Although ETH doesn't feel completely adjusted yet, this wave of BTC's rise has also driven it, and over the weekend, more ETH was added to positions.

Currently, most altcoins are still at the bottom.

🔥 The ETH ecosystem is taking off today!

1️⃣ ETH surges, ETH/BTC continues to strengthen, institutional holdings account for only 7%, leaving room for improvement compared to BTC's 12%.

2️⃣ On-chain hot coins soar: ENA's USDe stablecoin scale surpasses 10 billion USD; PROVE (zero-knowledge new coin), ZORA (Base chain SocialFi platform) both hit new highs; ZKJ is operated by Chinese entities, with gameplay similar to MYX.

3️⃣ Trump's WLFI concept DOLO skyrockets several times to set new highs; WLFI is expected to issue tokens in September, with rumors of collaboration between the CTO and DOLO co-founder, possibly linked to USD1.

4️⃣ The DeSci track BIO surges, launching on the staking platform.

5️⃣ Football fan OG and JUV strengthen, but short-term risks increase.

In every bull market, BTC and ETH will refresh historical highs, and this year ETH breaking 5000 is almost a certainty; don't miss out on the spot market!