Observations on the Current Cryptocurrency Market

1. Ethereum is performing stronger

Recently, Ethereum has clearly outperformed Bitcoin. After successfully breaking above the daily 200 moving average, its price has surged to around $3400, showing quite good momentum.

2. Some established coins are falling behind

Comparatively, some traditional coins that performed strongly last November have not shown any remarkable performance in this market cycle. Apart from XRP, other coins are still hitting new lows relative to Bitcoin, indicating a reallocation of funds.

3. Which projects are more favored by capital

Among larger market cap projects, besides Ethereum, the performance of Sui has also been impressive, with Hype even likely to break into the top ten. The logic behind this is simple: projects that can continuously generate profits and repurchase their own platform tokens are more likely to attract capital attention. Coins that rely purely on speculation without performance support may find it increasingly difficult to attract funds in the future.

4. Ethereum breaks 3000, Ethereum-related projects are brewing breakthroughs

With Ethereum rising above $3000, many coins related to Ethereum are forming a 'cup and handle' technical pattern. If the market does not experience a significant correction, these coins may see a true breakout.

5. In the current market, there is no obvious new track, but opportunities are hidden in volatility

Currently, there are no particularly hot new themes being speculated on in the market, but this does not mean there are no opportunities. The key at this stage is risk control—if Bitcoin or Ethereum corrects, it is difficult for other coins to stand out on their own. However, for investors who understand when to enter and exit, there may be opportunities arising from short-term market sentiment. Of course, it is still very hard to judge whether these opportunities will last.

6. At this stage, it's about 'experience' and 'stability'

Now, it's not about who has better luck, but rather who understands the market better and who has more stable risk control. For ordinary investors, the simplest and most effective strategy may be to hold spot steadily. As long as the market doesn't crash, just this step could potentially yield more than many who are constantly trying to maneuver.