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Is Altcoin Season Back? ETH and SOL Lead the Rebound
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CoinEx News: Crypto markets showed a narrow rebound from June 29 to July 6, with Bitcoin up about 5.8%, Ether up about 11.9%, and Solana up about 11.1%. However, TOTAL3, the broader altcoin market excluding BTC and ETH, gained only about 3.4%, showing that the recovery was concentrated in a few highly liquid assets.

That points to selective risk-taking, not a full altcoin season. Farside Investors data shows BTC ETF flows turned positive on July 2 after ten straight outflow days, but the June 29-July 2 window still remained net negative by about $526 million. Traders should therefore watch whether BTC ETF inflows can stay positive and whether ETH and SOL strength spreads into broader altcoin demand.

Source: CoinEx

Disclaimer: The current content is provided for reference only and does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

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