Odaily News Greeks.live macro researcher Adam published a Chinese community briefing, which pointed out that most traders are cautiously bullish on the short-term market, expecting that Bitcoin may continue to rise and hit the key resistance level of $88,000. However, some participants believe that the market will first pull back and then continue to rise, especially noting that ETH has a technical pattern of one positive covering four negatives.
Investors are discussing the BTCDOM (Bitcoin Dominance) index trading product, which has performed well in both bull and bear markets as the top 20 altcoins by market cap generally underperform Bitcoin. • In terms of altcoins, investors are concerned about the unlimited issuance mechanism, especially the inflationary pressure generated by SOL and ETH through POS staking, compared with the scarcity of Bitcoin.