Victory Securities: More options available, Bitcoin gradually rises waiting for spillover effects

ChainCatcher news, Zhou Lele, Deputy COO of Victory Securities, published an analysis stating that the virtual asset market continues to show slight fluctuations following last week's trend. Major assets like Bitcoin and Ethereum are experiencing swings and entanglements, but high-odds Altcoins are recovering and moving out of the downtrend channel.

Last week, approximately $3.08 billion flowed into Bitcoin ETFs, while Ethereum ETFs saw inflows of about $5 million; the weak balance in the market has been broken, with short-term holders gradually increasing their positions, potentially signaling the start of a recovery phase. The shadow stock of virtual assets, MicroStrategy, reached a new high, and the trading volume of its double long ETF is also gradually expanding.

Investment in MEME coins is heating up in the market, with an increase in risk appetite. However, compared to the assets themselves, there is a stronger willingness to trade high-odds derivative products. Virtual assets may need to wait for the wealth effect from the global stock market to spill over, increasing market share.