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Brothers, it's爆 again, and there's still 0.1u left over.
I checked the funding rate data across major exchanges online, honestly, market sentiment has clearly changed. The previous atmosphere of herd-like shorting and continuous bearishness is gradually dissipating, and the short pressure is much less than before.
Especially ETH, the performance is very obvious, several major platforms' rates have already turned red again, and are still strengthening, indicating that longs are adding positions, and funds are starting to flow back, feeling like a rebound is building momentum.
BTC remains the same, mainly fluctuating, with bulls and bears temporarily evenly matched. Coins like SOL, XRP, DOGE, BNB are each moving differently, but at least there’s no collective panic selling, and overall selling pressure is indeed easing.
It seems that the funds that previously chased the dip to short are already starting to withdraw, the downward trend is nearly over, and the market environment is gradually warming up. The probability of blindly falling further is decreasing, and structural rebound opportunities may increase.
The market also cooperates well, with BTC rising 1.58% and ETH leading the mainstream coins with a 2.09% increase. The smaller coins are even more polarized; the strong ones are taking off directly: RLS surged nearly 35% in one day, which is crazy, hotness exploded; BSB up 17.29%, UB up 13.59%, clearly short-term funds are consolidating and pushing together.
But the weak ones are really weak, falling without hesitation. RAVE down 5.84%, ZBT down 11.26%, APE over 10% drop, PRO even down 14.72%, probably people who bought at high levels are already exhausted.
So now it’s very clear: the overall environment has recovered, but not all coins will rise together. It’s now a case of the strong getting stronger, and the weak continuing to be hammered.
The next idea is very simple: follow the strong and hot ones, don’t touch those weak coins that keep breaking down and crashing. $BTC $ETH $SOL