TechFlow news, August 5 — Matrixport released a chart today indicating that despite ongoing market talk about an "altcoin bull market," there have only been two brief rebounds so far, concentrated in a few select projects, with the overall market lacking sustained momentum. While there was阶段性 activity in Q4 2024, it failed to spread broadly across the market.
Overall, the rebounds lack fundamental support, making it difficult to generate sustained upward momentum. We remain cautious and believe this rally may struggle to continue. The rapid decline in funding rates also suggests bullish sentiment has not effectively built up, and market热度 remains to be seen.
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