#加密市场反弹 The current driving logic of the crypto market has undergone subtle changes.
Market sensitivity to the macro environment has significantly increased, with volatility in US tech stocks transmitting instantly to the crypto market. This phenomenon indicates that the primary factors driving prices remain macro liquidity and risk appetite, rather than breakthroughs in the fundamentals of cryptocurrencies themselves. Traditional factors such as Federal Reserve policy expectations and inflation data are increasingly influencing the crypto market.
Capital flows show clear layering characteris
View OriginalMarket sensitivity to the macro environment has significantly increased, with volatility in US tech stocks transmitting instantly to the crypto market. This phenomenon indicates that the primary factors driving prices remain macro liquidity and risk appetite, rather than breakthroughs in the fundamentals of cryptocurrencies themselves. Traditional factors such as Federal Reserve policy expectations and inflation data are increasingly influencing the crypto market.
Capital flows show clear layering characteris








