#BTC走势分析 #ETHETFsApproved #TrendingTopic
Bitcoin fell back to around $119,000 after printing a new all‑time high above $124,000 a day earlier, as shifting policy headlines and profit‑taking cooled risk appetite.
Despite BTC’s pullback, U.S. spot Ether ETFs have stayed hot, drawing roughly $729M in a single day this week—one of the biggest daily hauls since launch—helping keep Ethereum near cycle highs.
Coinbase’s latest institutional outlook says conditions “now suggest a potential shift towards a full altcoin season” into September, citing a 50% rise in altcoin market cap since July and declining BTC dominance.
Coinbase Institutional amplified the call on social channels, noting ETH sits at the core of the momentum as flows and liquidity broaden beyond Bitcoin.
What to watch next:
Daily ETH vs. BTC ETF flow prints to confirm leadership persistence.
BTC dominance: further slippage historically precedes broader alt outperformance.
Liquidity breadth across large‑cap alts before the rotation spreads to mid‑caps.