BlockBeats News, December 9th, according to The Block, BRN Research Director Timothy Misir stated that the flow of funds into the U.S. cryptocurrency ETF reflects "selective positioning rather than broad risk-taking." Despite Bitcoin (BTC) still lagging behind, altcoins are attracting fund attention. The market is showing early signs of recovery, but confidence has not yet formed."The number of active addresses is stabilizing, and the transfer volume is increasing, indicating that the market is recovering, but there is still a gap from being truly healthy," Misir wrote in Tuesday's report. "Early signs of recovery have emerged, but market confidence is still lacking."Misir described this week as a "macro binary week," with traders generally opting to wait and see before the Wednesday FOMC meeting results are announced. Rate cut expectations are soaring, supported by weak ADP employment data and deteriorating consumer confidence, but the U.S. household pessimism and record consumer credit levels have made the demand outlook complex.

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