Analysis: NFT rebound indicates that traders are cyclically exiting Bitcoin and exploring other speculative activities in the cryptocurrency market

Odaily Planet Daily News: The total market value of NFTs has now exceeded 6.3 billion US dollars, almost doubling from 3.2 billion US dollars less than a month ago. At the same time, Bitcoin's market share has decreased by 6.6% to around 61%. Market analysis believes that the return of NFTs provides a signal that traders are cyclically withdrawing from Bitcoin and re exploring speculative behavior in the cryptocurrency market. This means that once Bitcoin consolidates and investors begin to shift their capital towards high-risk assets, they often see more aggressive trends in altcoins. （DL News）