TechFlow news, August 4: Greeks.Live released a Chinese-language briefing indicating that market analysts believe the cryptocurrency market is in the late stages of a bull run. Bitcoin's 200-day moving average has reached $100,000, but weakening performance of MicroStrategy (MSTR) has triggered market concerns. Whether Ethereum can突破 $4,000 within the next two months is seen as a key indicator for the continuation of the bull market.
MicroStrategy's financing model has shifted from zero interest to monthly interest payments, and its shrinking premium reflects changing market expectations regarding Bitcoin's growth. Meanwhile, shorting the Solana/Ethereum cross pair has drawn attention, with analysis suggesting Solana's exchange rate against Bitcoin could still decline by another 50%, reflecting capital concentration into major cryptocurrencies.
