Bitget Research Institute's latest report: Short-term market rebound, and some sectors and specific tokens may have wealth effects

The market rebounded in the short term, and the price of Bitcoin rebounded to $57,000, ushering in a phase of growth. The US Ethereum ETF had a net inflow of 8815 ETH, while the Bitcoin ETF had a net outflow of 3615 BTC. The total market capitalization of the cryptocurrency market once again exceeded $2 trillion. According to Cointelegraph, Bitcoin trading volume reached a new high after the halving, with trading volume exceeding $1.14 billion on August 6th.

 

In terms of the wealth creation sector, the AI sector (TAO, NEAR, RENDER) has rebounded from an oversold market with NVIDIA driving the rise; the Solana sector (SOL, JUP, WIF) has rebounded under the SOL drive. In the future, attention should be paid to the trend of NVIDIA, the mainstream Meme on the Sol chain, and the changes in the contract volume of Sol's non-position squaring. In addition, the POW sector (KAS, ALPH, SMR) has performed well due to the legalization of global crypto mining and the increase in computing power, and its computing power performance and ecological development need to be focused on.

 

The report also mentioned short-term hot searches and potential airdrop opportunities in the market.

 

For more information, see Bitget's latest research report: https://www.bitget.com/zh-CN/research/articles/12560603813950