The post Crypto Market Outlook: Altcoin Market Poised for Rally as Whales Fuel Buying Spree appeared first on Coinpedia Fintech News
加密貨幣市場展望:隨著鯨魚燃料購買熱潮,山寨幣市場準備反彈首先出現在 Coinpedia 金融科技新聞
In the cryptocurrency world, the altcoin market, after an 18-month horizontal consolidation, is gearing up for a significant rally. Industry insiders suggest the market could soar beyond $700 billion, propelled by increasing interest from ‘smart money’ or savvy investors.
在加密貨幣世界中,山寨幣市場在經歷了 18 個月的橫向整合之後,正在為大幅上漲做好準備。業內人士表示,在「聰明資金」或精明投資者興趣日益濃厚的推動下,市場可能飆升至 7,000 億美元以上。
Dogecoin Leads Gains Amid Altcoin Surge
狗狗幣在山寨幣飆漲中領漲
A notable example of this uptrend is Dogecoin (DOGE), which has seen an 8% increase in the past 24 hours, trading around $0.083 during the mid-London session on Friday. This surge is a broader pattern expected to continue over the weekend as Bitcoin’s dominance displays short-term vulnerabilities.
這種上升趨勢的一個顯著例子是狗狗幣 (DOGE),它在過去 24 小時內上漲了 8%,在周五倫敦時段中期交易價格約為 0.083 美元。由於比特幣的主導地位顯示出短期漏洞,這種飆升是更廣泛的模式,預計將在周末持續下去。
Bitcoin Whales Shift Focus
比特幣鯨魚轉移焦點
The altcoin market’s speculation has led to substantial activity among Bitcoin whales, including miners. These major holders are reportedly taking profits and diversifying into alternative cryptocurrencies. This trend is supported by the BlackRock Ethereum iShares Trust, boosting institutional confidence in altcoins. Market intelligence from Santiment indicates a significant offloading of Bitcoins to smaller account holders.
山寨幣市場的投機導致比特幣鯨魚(包括礦工)的大量活動。據報道,這些主要持有者正在獲利並轉向替代加密貨幣。這一趨勢得到了貝萊德以太坊 iShares Trust 的支持,增強了機構對山寨幣的信心。 Santiment 的市場情報表明,比特幣大量流向較小的帳戶持有者。
Impact of SEC’s Delay on Bitcoin ETF
SEC 延遲對比特幣 ETF 的影響
The United States Securities and Exchange Commission’s (SEC) decision to delay the approval of a Bitcoin ETF has contributed to the shift in investor focus. Disappointed Bitcoin enthusiasts are now turning their attention to the burgeoning altcoin market.
美國證券交易委員會 (SEC) 決定推遲批准比特幣 ETF,導致投資者焦點轉變。失望的比特幣愛好者現在將注意力轉向蓬勃發展的山寨幣市場。
The ETH/BTC pair, often used to gauge cash flow between Bitcoin and altcoins, has been consolidating in a symmetrical ascending triangle since 2017. Currently nearing its apex, and with indicators like the weekly Relative Strength Index (RSI) suggesting an oversold condition, a rebound seems imminent. This is viewed as a prime buying signal for altcoin investors.
ETH/BTC 貨幣對通常用於衡量比特幣和山寨幣之間的現金流,自2017 年以來一直在對稱上升三角形中盤整。目前接近其頂點,並且每週相對強弱指數(RSI) 等指標表明存在超賣狀況,反彈似乎即將到來。這被視為山寨幣投資者的主要購買訊號。
Conclusion
結論
As the crypto landscape evolves, the altcoin market is attracting heightened interest, signaling a potential shift in the balance of power within the crypto world. This trend, amplified by institutional investments and strategic moves by major Bitcoin holders, paints a dynamic and rapidly changing picture of cryptocurrency investment strategies.
隨著加密貨幣格局的發展,山寨幣市場吸引了越來越多的興趣,這標誌著加密貨幣世界內權力平衡的潛在轉變。這種趨勢被機構投資和主要比特幣持有者的策略性舉措放大,描繪了一幅動態且快速變化的加密貨幣投資策略圖景。