The current market has two main lines and two hidden lines:

1. Major cryptocurrencies with high leverage betting on dreams, opening 100M ETH and 100M BTC contracts like diamond hands, with daily funding fees exceeding ten thousand. Essentially, it's betting on what's called Wall Street. The current situation is that there are still a few DAT offers received daily, but there are also claims that the OTC speed is slowing down.

2. Alpha mining, games like MYX SOON with funding rate play, watching positions and rates on the right side. In the absence of other narrative mainlines, this is the best main line for contract gamblers. This path mainly relies on studying chip structures and observing the price index composition on Binance. It seems like gambling, but it actually requires quite a bit of investment research.

3. One of the secondary lines is DEFI TVL Play N.0, which is led by institutional funds as the main buyer, with ENA at the forefront, followed by Pendle, Ldo, etc. Every round of ETH-driven market movement will happen because everyone is looking for Alpha; when ETH rises, TVL will naturally rise as well.

4. The second secondary line involves market makers showing off their muscles. The recent play is for market makers to take over a batch of projects, then the project side only needs to focus on their work while the market makers handle the market, splitting the profits later. Some market makers even buy out the project parties directly, which just shows that having money is king.