Overnight, US stocks surged, causing a reversal in the cryptocurrency market. However, it's clear that smaller cryptocurrencies are losing momentum. The key question is whether funds will flow back into Bitcoin and Ethereum, creating a "vampire effect," or whether large funds will flee, leading to a correction. The author believes that with relatively strong US CPI and employment data, risk assets like US stocks are relatively benefiting, increasing risk appetite. For cryptocurrencies, the previous selling pressure has largely dissipated, and the recent upward trend indicates that bulls are consistently stronger than bears. Therefore, the final rise will likely be accompanied by a surge. The author is more inclined to believe that profits from smaller cryptocurrencies will continue to drive Bitcoin and Ethereum higher, creating a "vampire effect." After Ethereum challenges and holds above $2,000, it will likely attack higher levels, given the ongoing expectations of upgrades and airdrops. Continued strength $BTC
