Zhou Lele, Deputy Chief Operating Officer of Shengli Securities, analyzed in a post that the macro and high-level negative impact risks in the cryptocurrency market have passed, and the risks are more focused on expected fulfillment. For example, the US Department of Government Efficiency (DOGE) led by American entrepreneurs Musk and Ramaswami only saw a 5.7% increase in Dogecoin ($DOGE) after media reports, while Dogecoin rose 83% in the week when the US announced election results. Last week, the net inflow of off exchange Bitcoin ETFs was $1.67 billion, and the holdings of exchange contracts and CME contracts remained high. However, Funding halved and fell back, indicating that the short-term direction of Bitcoin is not one-sided, and bears are also accumulating strength. @fturhmnassydq 0 reply
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