BlockBeats News, May 28th. Globally, in terms of the capital market, the SP500, NASDAQ, and Russell2000 have basically re-approached their recent highs, while gold and silver have also completed a round of strong rallies. In contrast, after experiencing the "1011" crash, the total cryptocurrency market cap has only maintained a low-level weak rebound, significantly underperforming the traditional financial market.

This means that even against the backdrop of improved liquidity expectations and a resurgence in risk appetite, funds have not flowed back into the cryptocurrency market on a large scale. The current market structure is more like this: US stocks are trading based on AI, gold is trading as a safe haven, while Crypto is still in a phase of "waiting for incremental funds."

From a relative strength perspective, cryptocurrency assets are currently not showing the beta strength expected to follow the global capital market. Instead, they seem to be more like they are being "abandoned" by global risk assets.