Mainstream Coin Trend Analysis
After Bitcoin's surge to a historic high yesterday, it has been consolidating between 110,000 and 112,000 with reduced volume, allowing time for Ethereum and altcoins to catch up. The trend is completely in line with expectations, as the main players do not want to harvest immediately. Last night’s Cetus hacking incident on the Sui ecosystem did not crash the market; it only caused a stagnation in growth, indicating that there are still opportunities in the market. Patience is required.
Ethereum performed as expected yesterday with a catch-up rally, but the extent was limited, driven entirely by market sentiment, and it did not break through 2700. Currently, it still requires the intervention of major funds to have a chance to challenge the 2900-3000 range. The current trend is relatively normal; just wait patiently for Ethereum to continue its catch-up rally.