Today is June 8th, BTC price is 63,123. A very interesting situation has emerged: tech stocks are plunging + the crypto market is also dropping. So, where will the money go next—bottom-fishing in crypto or stocks? Of course, the reasons for the drops are different. The crypto market is down because institutions are redeeming and selling off assets held under BlackRock's custody to reallocate funds. Stocks are down simply because they've risen too much, and profit-takers are stepping back to observe the broader environment. So, the key question now is: how much money is willing to flow into the crypto market? I think the answer isn't optimistic. At 70k, everyone was thinking about selling; it's unlikely that people would rush in at 60k. Even if 60k is a short-term bottom, it will take a long time to consolidate, and this price isn't attractive enough compared to the stock market. However, many altcoins have shown strong rebounds after extreme compression. For example, ZEC, which people were encouraged to buy at the bottom, is up 30%. Spot SAHARA, which was also recommended, is up 20%. Especially SAHARA—this one looks promising. #Crypto #BTC #Altcoins