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At the beginning of last week, the crypto market was under pressure, but the sentiment has been easing in recent days. You will notice a significant change—the market structure is becoming tighter, and Bitcoin's dominance is gradually increasing. In contrast, alts haven't been so lucky, as their performance has remained quite dull.
Why? On one hand, there is pressure from the supply side, and on the other hand, the impact of the token unlocking plan cannot be underestimated. In the short term, the volatility will still be relatively severe, but there is a clear trend — funds are gradually gathering towards BTC and mainstream coins. It seems that the market is making choices, and the big players are voting with their feet.