Analysis: Bitcoin and Memecoin rise together, market funds exhibit a "barbell strategy" structure.

According to Odaily Odaily, Bitcoin rose over 2% in the past 24 hours, briefly breaking $74,300 for the first time since early February. Ethereum rose approximately 7%, while major tokens such as XRP and Solana saw gains exceeding 4%. Meanwhile, the Meme coin sector performed even stronger, with PEPE rising 19%, BONK and PENGU rising over 10%, and SHIB also outperforming Ethereum. Analysts believe that the current market exhibits a "barbell strategy" structure, where one end is allocated to mainstream assets like Bitcoin, whose institutional adoption is steadily increasing, while the other end participates in high-risk speculative assets like Meme coins. This model has gradually gained popularity since 2023-2024. (CoinDesk)