ChainCatcher message, Kryptanium Capital founder Daniel Yan stated on X: "After three failed attempts earlier this year, the SOL/ETH trading pair has finally broken through the daily and weekly highs. The implications here are not simple. The resistance for SOL's movement has decreased by one more in the coming months."

ChainCatcher news, Daniel Yan, founder and CIO of Kryptanium Capital and co-founder of Matrixport, stated that the market has recovered from its lows over the past week, with BTC and SOL consolidating at key technical levels. While he believes there is potential for a market breakout, he also cautioned that the current situation is similar to early June, when BTC attempted to break through the critical level of 71500, but strong NFP data led to a significant market decline.Yan is overall bullish for the third quarter, expecting liquidity conditions to improve and the Mt Gox incident to become a thing of the past. However, he remains cautious about the upcoming NFP data, believing that a similar market pattern may emerge. Additionally, the June CPI inflation data will be a key indicator to watch, with the Cleveland Fed expecting the June data to be decent but having a poor outlook for July data. He expressed concerns about seasonal fluctuations in energy prices, believing that rebounds in oil and gas prices will impact inflation data.Yan suggested paying attention to Powell's speech at the European Central Bank tonight to understand his views on the current macroeconomic situation.

ChainCatcher news, Daniel Yan, founder of Kryptanium Capital and co-founder of Matrixport, stated on social media that while the price of ETH may benefit in the long term, due to the steep learning curve of ETH and the lack of proof-of-stake rewards, we may see continued net outflows from the ETH trust fund (ETHE) rather than net inflows.He mentioned that ETH/BTC may first drop to 0.05 before rising to 0.06.

ChainCatcher message, Kryptanium Capital founder Daniel Yan stated on the X platform: "The risk tonight is to the upside. I will closely monitor 3 tokens: BTC, NEAR, WIF. If either the CPI month-on-month or the core CPI month-on-month is 0.3% tonight, then bullish. If both figures reach 0.4% or higher, then bearish."

ChainCatcher news, Kryptanium Capital co-founder Daniel Yan posted on social media that a 5% flash crash in a bull market is quite healthy, which is not surprising. What is truly surprising is that BTC.D (Bitcoin dominance) has fallen alongside BTC for the first time in a long time, indicating that the altcoin season is really approaching.

ChainCatcher news, March 11, Kryptanium Capital co-founder Daniel Yan stated on social media that he personally believes the altcoin season will arrive after Bitcoin clearly breaks its ATH.Daniel Yan mentioned that the logic behind the last bull market's altcoin season was driven by the BTC halving narrative combined with institutional capital inflows, which propelled the continuous rise in BTC prices before the halving. However, after the halving, traders took profits from the halving trades, and funds flowed into altcoins with more potential for gains. This is similar to the current situation, where the current cycle is driven by ETF capital inflows, also a bull market driven by institutional demand. For most altcoins, the ATH is still far away, which psychologically attracts investors. The ATH of Bitcoin confirms that we are indeed in the midst of a bull market frenzy, and people's greed will become insane.However, Daniel Yan also reminded investors to be wary of short-term bull market traps, stating that the weekly closing price of Bitcoin needs to be above $70,000 to confirm its "clear breakout" nature.