Due to the difficulties faced by Bitcoin, combined with the domestic holidays, Chinese people are the absolute main force in the altcoin market. The funds and market makers are basically all Chinese teams, so altcoins are mostly fluctuating with the overall market. However, Ethereum's performance is still quite strong. On Friday, Bitcoin ETFs saw capital outflows, while Ethereum surprisingly experienced an inflow of 70 million, and another 78 million flowed in last night, indicating that institutional demand for ETH has increased. The ETH/BTC exchange rate has stabilized around 0.025, showing an overall upward trend. This is related to the recent popularity of the ETH version of MicroStrategy. The stock of Sbet has increased several times, and the foundation has also taken action, restructuring, layoffs, and rebranding to Protocol. It is said that Lubin and Saylor were inspired after having a meal together, and there may be a move to start accumulating ETH reserves, changing from selling coins monthly to buying coins monthly. The trend for Ethereum will definitely be different;

Other altcoins are basically following the overall market, but the RWA sector is still very strong, with $KTA rising by 30%, FDV exceeding 1 billion. $MKR and $ZBCN are also performing strongly, and the DePin sector is also robust, with $LPT rising 50% during the holiday, and $IOTX up by 10%, which can be considered a counter-trend market. The meme trend is also doing well, with $SPX increasing 4 times from the bottom; there are also a few coins that have crashed. Firstly, $WCT was directly halved on Saturday, showing that it is controlled by the same manipulating entity as $Layer, and this time the operation was even more disgusting. When it broke 1 dollar, everyone thought it would be time to sell, but it was forcefully pulled back to 1.3 dollars, burying many who chased in; #Labubu and #Launchcoin also experienced significant pullbacks, but due to rumors of a 5 billion valuation for financing, Launchcoin and other platform coins were rescued. A few on-chain golden dogs have also emerged, with domestic coins like $Nailong and $King, and foreign ones like $Deal. Additionally, today Cai Xukun released a new song, and $IKUN has been revived.