Odaily星球日报讯 IntoTheBlock 在 X 平台发文称，ETH 本周的反弹迅速，“盈利”地址的比例从 59%提升到 69%，超过 80%的 ETH 交易量现在处于盈利状态，这反映出在关键价位有坚实的买盘支撑。

IntoTheBlock：本周超过80%的ETH交易量处于盈利状态

Odaily Odaily News IntoTheBlock published an article on the X platform saying that ETH rebounded rapidly this week, and the proportion of &quot;profitable&quot; addresses increased from 59% to 69%. More than 80% of ETH transactions are now profitable, reflecting solid buying support at key price levels.

IntoTheBlock: More than 80% of ETH trading volume is profitable this week

According to on-chain analyst Yu Jian's monitoring, a trader has completed a "fast in and fast out" transaction in the past 1 hour, spending 10.47 million USDT to buy 3,931.4 ETH, and then immediately selling it to obtain 10.49 million USDT, earning 22,000 USDT.

A trader "quickly in and out" traded 3931.4 ETH and made a profit of 22,000 USDT

According to CryptoQuant data, the Korean Bitcoin premium index has reached its lowest point since October 2023. Another report also points out that Korean traders are shifting their investments into some Altcoins, and further predicts that Altcoins will explode in the fourth quarter of this year.

Kimchi premium drops, signs point to the hot spot shifting towards Altcoins
After the US interest rate cut, the Korean Bitcoin premium has dropped significantly, indicating that Korean traders are turning their attention to Altcoins. Some Altcoins, such as AR and ONT, have seen significant price increases, suggesting that the Altcoin season is approaching.

10x Research calls for Altcoin trades, is the Altcoin season coming?
A report from 10x Research suggests that the Altcoin season is about to arrive, and they are recommending Altcoin trades to their clients. This further reinforces the idea that the market focus is shifting from Bitcoin to Altcoins.

Is your Altcoin on the list? The copycat season of institutions calling for orders will break out in the fourth quarter

Here is the translation:

Let's take a look at what institutions that have been long on China have to say.

Author: Sean Tan, Primitive Ventures
Translated by: TechFlow

As a multi-strategy investment firm that is not limited to a single asset, our investment philosophy is not just about finding opportunities, but more importantly, how to build an investment framework that can predict and adapt to future market changes, and constantly seek the best balance between risk and return. What often attracts us are the opportunities that are misunderstood or overlooked by the majority of market participants. Based on our experience in the foreign exchange and cross-border markets over the past decade, we...