Deep Tide TechFlow News, May 09 — Crypto trader Eugene posted on his personal channel that as Bitcoin hovers around $80k, multiple market charts have already shown signs of "bottoming out," and the next week or so is expected to see a real market launch phase, potentially pushing many altcoins to break through their current consolidation ranges. From the perspective of overall trading volume and open interest (OI), most tokens currently only need minimal marginal buying to drive prices higher, so the market as a whole remains in a "low allocation" state. He believes the key now is whether BTC can effectively break through the $80k threshold and trigger a new upward trend for mainstream tokens like ETH, SOL, and HYPE. Eugene also expressed hope that the market will not encounter resistance that causes a pullback at the current position.

BTC0.57%
ETH0.59%
SOL-0.21%
HYPE-2.36%
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