Recently, while monitoring the market, I had a feeling that something is brewing. The data is right in front of us: Bitcoin dominance has fallen to around 58%, XRP, SUI, and ADA have all increased by over 10%, and PEPE is even more explosive, up 70% in a week. The total market capitalization of cryptocurrencies has surpassed 3 trillion USD. If it can stabilize at 3.5 trillion USD by the end of the month, then the altcoin season might really be here.

But don’t rush to go all in. The Fear & Greed Index is still at 49, remaining neutral to slightly cold. Looking at the rebound in the ETH/BTC ratio, this market rally is not just hype; it’s more like an upgrade—institutions are entering, privacy infrastructure is improving, and more and more points of integration between AI and blockchain are emerging. These changes are not happening overnight.

Opportunities and risks have always gone hand in hand. When choosing coins, you need to keep your eyes open. Projects with real applications are worth paying attention to, but pure concept lottery projects should be kept at a distance. Honestly, no one can escape the cyclical fluctuations of the market. All we can do is research rationally and bet cautiously.

This market rally reminds me that true value creation often happens behind the scenes of the noise. Perhaps before the next bull run arrives, we should pay more attention to projects and communities that are doing real work—they are the true foundation of the crypto ecosystem. Let’s play this market rationally together.