Cryptocurrency Market in Wait-and-See Mode, Funds Flow into Bitcoin and Ethereum: Wintermute Analysis

Leading cryptocurrency market maker Wintermute released a market analysis report on the 8th, noting that 'the market continues to consolidate without conviction, awaiting major economic policy events to set the next direction.'

After two months of macroeconomic uncertainty, the market is gradually regaining resilience against negative factors. However, with key policy events such as this week's US Federal Reserve meeting and next week's Bank of Japan meeting on the horizon, a cautious stance is intensifying.

In the cryptocurrency market, no clear trend is evident, and there is a distinct movement of funds concentrating in major tokens such as Bitcoin (BTC) and Ethereum (ETH).