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The arrival of the alt season requires at least waiting for $btc to effectively break through $110,000 and continue to rise with higher trade volumes to the range of $120,000-$150,000, only then will funds start to rotate into various alts. If this cannot be achieved, whether it's $eth or altcoins, it will still be unable to exhibit the grandeur of a bull run.
On the blockchain side, the short positions betting on the price drop of $btc during this bull market cycle are clearly more cautious than during the bull market cycle of 2021. This indicates that at the current stage, the market is relatively averse to shorting risks, which is undoubtedly a bullish signal for $btc.
#比特币披萨节 #