Recent research, the first two images clearly describe the relationship of funds in the cryptocurrency space. What is #山寨季 ? It is the spillover of Bitcoin profit-taking. On the 23rd, 1.2 billion was monitored flowing into BTC, after pulling BTC profit-taking out, it flowed into USDT. Then on the 26th, USDT was observed to flow into altcoins, causing a concentrated pump effect on the market, and currently, altcoins are rising broadly. I believe this phase of continuous broad rise will not be interrupted and will become even more crazy, related to the cyclical changes of the Earth's seasons and temperatures, as well as the transformation of yin and yang in the I Ching. Altcoins will reach extreme values, and if I’m not mistaken, this will last for 3-4 months before turning down after the interest rate cut is implemented.
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