Altcoins are showing stronger momentum. The concentration of short positions in BTC has decreased, and whales are leaning towards liquidating their shorts, while short momentum has recently reached a peak. The concentration of long positions in $SOL continues to rise, with clear buying from whales, and ETH is seeing a decrease in short position concentration as whales are closing their shorts.
According to the 8-hour whale alert distribution, whale funds have already flowed into $HYPE, $BERA, and PHB. By sector, AI and the SOL ecosystem are showing strength, while the DeSci and entertainment sectors are showing weakness.
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