Today's Cryptocurrency Market Update: Amidst the Rising Voices Lies a 'Thunder,' What to Focus on During Extreme Panic?
First, let's talk about the overall market, which seems to have kicked into gear in the last 24 hours—BTC and ETH leading the charge, while altcoins are playing the 'diversion' game, some rising while others are stagnant, ultimately pulling the total market cap to $3.15 trillion, a solid increase of 1.61%, providing some much-needed lifeblood to the market.
Now looking at the hot topics, all the news is adrenaline-inducing: Ethereum has directly broken through $3,100, and whales are secretly accumulating more; the volatility is enough to scare beginners, but seasoned players see potential. Bitcoin is even more vigorous, breaking through $91,000, with a noticeable short-term rebound—finally, we don't have to stare at the red charts and sigh every day.
But don’t get too carried away just because it’s rising; next week, there’s a wave of 'unlocking' that’s going to explode—APT, LINEA, and our key focus STRK combined will unlock over $50 million worth of coins. This cold water splash is something anyone who touches it will understand to be cautious.
Of course, there’s also a comforting factor: Ethereum's reserves on centralized exchanges have dropped to the lowest level since 2015! With supply this tight, the future market could surprise us; BlackRock still holds over 770,000 BTC, and the giants haven’t fled, so why should we panic? And Saylor has issued another Bitcoin Tracker; next week, he’s likely to reveal increased holdings data—this signal is pretty clear, right?
Finally, we must mention the Fear and Greed Index—today it has shot up to 20, a textbook case of 'extreme fear'! Long-time followers know that at this point, it’s often not despair, but rather a time to keep your eyes wide open for opportunities.
