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Bitcoin closed this week at a new high since January this year, indicating that the bulls are still in control. The NFT sector is also starting to warm up—funds usually flow into BTC first, then move to the more robust ETH ecosystem.
In the short term, if Bitcoin can hold this weekly high, the market's risk appetite is likely to push higher; if it surges and then pulls back, this NFT rebound is probably just a wave of sentiment that won't last. $BTC $ETH