The current cryptocurrency market is in a typical 'dual-track bull market': Bitcoin and Ethereum are repeatedly hitting new highs driven by institutional funds, while Altcoins show clear differentiation. This fragmented market both implies opportunities for excess returns and hides the risk of corrections. Below is a deep analysis based on the latest market dynamics, welcome to contribute:
1. Core factors driving the continuation of the bull market
1. Epic influx of institutional funds
Ethereum ETF hits record: single-day net inflow exceeds $1 billion (BlackRock alone accounts for $640 million), total inflow surpasses $10.8 billion, boosting ETH price by 52.7% monthly, nearing historical high ($4,712 vs ATH $4,868).