Since mid-October, although there has been no substantial change in the market, a large amount of funds have still entered the market relying on the hype of BTC spot ETFs. Initially, it was mainly concentrated on #BTC, with a small amount of funds entering #ETH. As funds in the market increased, more existing funds were activated, resulting in more funds flowing into the ALT currency.

When the price of BTC mainly rose in mid-to-late October, the amount of funds in USDT and USDC increased significantly and continuously. However, as the market's mainstream game for#Bitcoinspot ETFs has extended beyond January 10, 2024, the market value of USDC has significantly reduced, indicating that investors in the United States are leaving the market.

The United States is expected to enter a trend of suspending interest rate hikes, and the risk market needs to release its emotions, which may suck blood from the currency market. A large amount of funds have entered the traditional risk market, which may affect the currency market, especially USDC.

In the past week's data, the market value of USDT has once again increased by more than 900 million US dollars, showing that European and American investors have strong confidence in the currency market. USDC has also added $204 million in the past week, possibly marking the return of U.S. funds.

Overall, market sentiment is good and has not been negatively affected by the postponement of ETFs, and a large amount of funds have entered the market, providing a basis for price increases.