Post

$BTC stands above 65,000, is capital finally starting to spread? According to OKX market data, $BTC is currently quoted at 65,015 USD, up 1.32% in 24 hours. $ETH is quoted at 1,929 USD, up 1.79%. $SOL is quoted at 78.4 USD, surging 3.06%, continuing to lead mainstream coins. $HYPE fell 1%, not keeping up with the market. $OKB also showed weakness; its CeFi sector only rose 0.42%, with current funds favoring high-elasticity assets like SOL. Notably, two whale addresses on Hyperliquid have shorted a total of 50,838 ETH, with a nominal value of about 98 million USD. Although this short position is large, note it may not be bearish on ETH and could be a hedge. If ETH breaks through 1,950 USD, short covering could instead fuel a rally. The total market capitalization rose to 2.30 trillion USD, up 1.13%, with 694 coins rising and 503 falling. By sector, Solana ecosystem rose 2.86%, PayFi up 1.63%, Meme up 1.24%; Base down 3.56%, GameFi down 2.71%, DeFAI down 2.69%. It looks like the rebound is spreading tonight. Keep watching if BTC can hold above 65,000 USD and the related volume; before that, a slight bullish stance is possible, but watch your stop loss.