August 9 Morning News: The market is still relatively steady. BTC 64932, ETH 1915, BNB 603, SOL 75.9; the total market cap across the whole network has returned to around $2.30 trillion.
Looking at the past 24 hours, BTC and ETH are basically moving sideways. BNB and SOL are slightly stronger, suggesting that capital is still seeking upside from higher-beta plays. At this level, I think rotation is more likely rather than a one-way emotional breakout. Chasing after price increases should be restrained; first, we need to see whether the majors can continue the rhythm and hold it steady.
Looking at the past 24 hours, BTC and ETH are basically moving sideways. BNB and SOL are slightly stronger, suggesting that capital is still seeking upside from higher-beta plays. At this level, I think rotation is more likely rather than a one-way emotional breakout. Chasing after price increases should be restrained; first, we need to see whether the majors can continue the rhythm and hold it steady.