In the future, the landscape of the cryptocurrency market will undergo significant changes. With regulatory intervention, the market, which originally touted decentralization, is gradually evolving towards centralization, exemplified by the U.S. government's inclination to utilize cryptocurrencies. Bitcoin, leveraging its first-mover advantage, holds an unshakable position of faith in the crypto space, distinctly differentiating itself from other cryptocurrencies, including Ethereum, which struggles to compete with it on the level of value consensus. Limited by a lack of incremental funds, the number of altcoins continues to surge, and under the conditions of oversupply, a prolonged downtrend may become the market's main tone. Meanwhile, the meme coin sector is fiercely competitive, and with a precise grasp of human speculative psychology, new narrative meme coins may still attract considerable attention. Although centralized exchanges currently dominate the market, as platforms like Binance frequently list low-quality tokens, the transparency and autonomy advantages of on-chain DeFi are becoming increasingly prominent, gradually eroding the market share of centralized exchanges.