This rebound, don't rush to call a new trend, money is still hiding in the safest places.


Today, Dogecoin surged 8%, and a few old altcoins also rose, but I only look at three variables.
Conclusion: this is a cautious correction, not a new development.

In terms of price: BTC +1.16%, ETH +1.86%, total market cap only recovered to 0.85%.
The strength is uneven, ETH is relatively stronger.
The correction continues, but it's just a cooling off, not a turning point.

In terms of funds: BTC market share is 58.1%, still relatively high.
Funds are prioritized towards core assets, and the local rally looks hot, but the actual diffusion is insufficient.
Risk appetite has slightly warmed up, but it's far from the stage of switching to altcoins.

In terms of sentiment: the fear and greed index dropped from 33 to 26, but the price rebound sentiment is even colder.
This divergence indicates market confidence has not turned around.
Everyone is only half convinced for now; this wave is more about repairing confidence, not a sentiment reversal. $BTC $DOGE $ETH
BTC-0.51%
DOGE3.42%
ETH-1.45%
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