The post Crypto Market Outlook: Altcoin Market Poised for Rally as Whales Fuel Buying Spree appeared first on Coinpedia Fintech News
加密货币市场展望:随着鲸鱼燃料购买热潮,山寨币市场准备反弹首先出现在 Coinpedia 金融科技新闻
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.
在加密货币世界中,山寨币市场在经历了 18 个月的横向整合之后,正在为大幅上涨做好准备。业内人士表示,在“聪明资金”或精明投资者兴趣日益浓厚的推动下,市场可能飙升至 7000 亿美元以上。
Dogecoin Leads Gains Amid Altcoin Surge
狗狗币在山寨币飙升中领涨
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.
这种上升趋势的一个显着例子是狗狗币 (DOGE),它在过去 24 小时内上涨了 8%,在周五伦敦时段中期交易价格约为 0.083 美元。由于比特币的主导地位显示出短期漏洞,这种飙升是一种更广泛的模式,预计将在周末持续下去。
Bitcoin Whales Shift Focus
比特币鲸鱼转移焦点
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.
山寨币市场的投机导致比特币鲸鱼(包括矿工)的大量活动。据报道,这些主要持有者正在获利并转向替代加密货币。这一趋势得到了贝莱德以太坊 iShares Trust 的支持,增强了机构对山寨币的信心。 Santiment 的市场情报表明,比特币大量流向较小的账户持有者。
Impact of SEC’s Delay on Bitcoin ETF
SEC 延迟对比特币 ETF 的影响
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.
美国证券交易委员会 (SEC) 决定推迟批准比特币 ETF,导致投资者焦点发生转变。失望的比特币爱好者现在将注意力转向蓬勃发展的山寨币市场。
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 货币对通常用于衡量比特币和山寨币之间的现金流,自 2017 年以来一直在对称上升三角形中盘整。目前接近其顶点,并且每周相对强弱指数 (RSI) 等指标表明存在超卖状况,反弹似乎即将到来。这被视为山寨币投资者的主要购买信号。
Conclusion
结论
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.
随着加密货币格局的发展,山寨币市场吸引了越来越多的兴趣,这标志着加密货币世界内权力平衡的潜在转变。这种趋势被机构投资和主要比特币持有者的战略举措放大,描绘了一幅动态且快速变化的加密货币投资策略图景。