#BTC continues to consolidate #ETH萎靡后的蓄力
Regarding ETFs, last week the net inflow of $BTC spot ETFs was US$2.73 billion, and the net inflow of $ETH spot ETFs was US$836 million.
According to SoSoValue data, the crypto market sector has experienced a correction. Most crypto sectors have experienced a 24H decline of about 1.5% to 3%. Among them, the CeFi, Layer1, AI and PayFi sectors, which were relatively strong last week, have seen a more significant correction, with a 24H decline of approximately Around 3%. In addition, the DeFi sector maintained a 0.63% increase in 24H.
ETH is linked, and the demand to make up for the increase is still there. Even if the upward trend of Bitcoin slows down, according to historical rules, $ETH will still have a wave of rising prices, so be patient. The exchange rate currently encounters resistance near 0.04 and is expected to break through in the future.
In terms of copycats, as Bitcoin adjusts, the copycat market adjusts in conjunction, and this adjustment is healthy. At present, copycats in large market capitalization and popular sectors have started to rise for a period of time. In the future, copycats in small market capitalization and relatively unpopular sectors will make up for the growth, so be patient.