I just took a glance at the Spot capital flow data (Figure 1, Figure 2), and the current market condition is very typical—"cycle split".
1. The weekly chart is still experiencing a "massive loss" looking at the 7-day dimension (Figure 1), with the main force retreating extremely decisively. $ETH is a heavily affected area, with a net outflow exceeding $300 million in a single week, facing the heaviest selling pressure. 2. The daily chart shows a "band-aid" switching to a 24-hour dimension (Figure 2), and the bulls have started to work, with funds mainly replenishing $SOL . According to the current data, it can be considered as a daily correction of the weekly decline.
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I just took a glance at the Spot capital flow data (Figure 1, Figure 2), and the current market condition is very typical—"cycle split".
1. The weekly chart is still experiencing a "massive loss" looking at the 7-day dimension (Figure 1), with the main force retreating extremely decisively. $ETH is a heavily affected area, with a net outflow exceeding $300 million in a single week, facing the heaviest selling pressure.
2. The daily chart shows a "band-aid" switching to a 24-hour dimension (Figure 2), and the bulls have started to work, with funds mainly replenishing $SOL
.
According to the current data, it can be considered as a daily correction of the weekly decline.