Odaily News K33 Research, an encryption research institution, published an article on the X platform stating that BTC and ETH have reached their 200-day moving average for the first time since October 2023, so the research institution believes that market participants are now facing a market environment where trading decisions are simpler. In addition, the reaction to any positive news about the spot ETH ETF will serve as a barometer of market sentiment-"It's not the news that matters, but the reaction to the news." Moreover, the new altcoin trading regime involves more frequent rotations and faster profit cycles. Altcoin bulls will do so regardless of whether the main indicator is above or below its 200-day moving average.