Last week was one of the most pivotal weeks for the cryptocurrency market in 2024, 10x Research said in its market analysis report. Counterfeit products in particular have fallen sharply. The market has had a hard time digesting the massive number of tokens unlocked at Aptos 97 million USD, IMX 51 million USD, STRK 75 million USD, SEI 62 million USD, ARB 90 million USD, APE 18 million USD and UNI 90 million USD, totaling $483 million. Early stage investors and venture capitalists appear to be under pressure to cash out, and these token flows are dragging down Bitcoin. Bitcoin miners have started selling their Bitcoin inventories, and ETH balances on exchanges have increased significantly by $2.50 billion, which was previously associated with potential selling pressure. Despite the improved inflation data, Bitcoin ETFs saw a significant outflow ($660 million on average in 5 days), as overall net outflows across sectors (stablecoins, futures leverage, ETFs, etc.) were $2.40 billion, marking the third weekly decline in net flows since the ETF was launched in January 2024. In addition, with SOL-USDT falling below key trend levels and support lines, SOL may face more downward pressure, with some analysts suggesting that it could fall to $100.