According to ChainCatcher, crypto analyst @brianq stated that as Bitcoin's price rebounded to $94,000-$96,000 over the past 5 days, market funds began to be reallocated to Altcoins.
Over the past week, the crypto market overall increased by 10.2%, with substantial funds flowing into low-market-cap Altcoins, especially MEME tokens, indicating traders' high-risk speculative mentality. Keywords like "Altcoins" surged in popularity on social media, but historically, the market often moves contrary to retail investors' expectations, and the current enthusiasm for Altcoins may signal a greedy top.
