Waking up today, both BTC and ETH have set new highs, with almost no pullbacks, very strong.
I don't think it's a big deal for Ethereum to surge to a new historical high and touch 5000 this time.
The SOL mentioned the day before yesterday has also successfully broken through 200. It can continue to be held long-term, and short-term holders can start partial direct ownership.
Yesterday's OKB, today's #bnb , #sol , #ADA .... and other altcoins are all rising, and as market enthusiasm ignites, questions will arise: will there be an altcoin season this time?
I still maintain my view that there shouldn't be any thoughts of an altcoin season; the flow of market funds doesn't allow it to be like 2021; the grandeur is hard to replicate. The specific reasons are four:
1️⃣ ETF channels have siphoned off most institutional funds;
2️⃣ The external economic environment is not strong;
3️⃣ There are too many altcoin projects in the secondary market;
4️⃣ Even if we repeat the massive monetary easing of 2021, it would be hard to replicate the grandeur of that year.
Now, apart from Bitcoin and Ethereum, there really aren't many tradable assets. Since Ethereum dominates the market, it's worth focusing on its core ecosystem coins, such as $UNI, $ENA, etc. Mainstream exchange platform coins are also worth a look, supported by exchanges and favorable market conditions, $BNB and $OKB have reached new highs, while $BGB has been consolidating for a long time on the weekly chart. As long as the platform doesn't act up, this kind of market will generally pull up a wave.
In this market cycle, an old logic has completely failed—Ethereum's rise does not equal a collective surge in altcoins.
The reason is simple:
The funding structure has changed: in the past, it was retail investors flooding the market, now the main players are ETFs, institutions, and large funds, focusing more on risk and efficiency;
Hot spots are highly concentrated: funds only chase a few tracks like AI, RWA, stablecoins, while other sectors hardly get any traffic;
Clear selling pressure: high-level trapped positions sell off as soon as there is a rebound, limiting the continued upward potential;
The player's mindset has changed: after the bear market baptism, everyone is more willing to hold stable leading coins and no longer wants to gamble on junk coins.
This is no longer an era where altcoins get equal attention; money and attention are concentrated on a few quality tracks and leaders, while the remaining projects can only fend for themselves.
The further you go, the fewer opportunities there are to make money! Seize the opportunity.
Alright, today let's look at a few potential altcoin trends:
$LINK : A 50% surge in two weeks, LINK is also online this time.
As the 'standard infrastructure' of the RWA track, it has its presence in stablecoins, RWAs, and cross-chain interoperability.
Oracle market share is 84%, DeFi is 68%, even Wall Street is using it. It's only $24 now, with 30% potential to reach previous highs, on-chain activity and whale trading volume are both hitting new highs—perhaps this is truly the lever for a bull market.
$ETHFI : From being questioned to about to take off, should we take another look at ETHFI?
In Tuesday's 'Crypto Section,' I mentioned ETHFI, and at that time, Sister Meow bluntly said—it is still in a downward trend. Many people were stunned: since it's going down, why keep an eye on it?
But the market is interesting like this—looking back now, the ETHFI daily line has broken through the ascending triangle, currently retesting the key support at 1.30. As long as it stabilizes here, an accelerated rally to 1.5~1.6 could ignite at any time. It might even be bold to say that climbing to 3 directly is possible.
Some opportunities may seem like traps at first glance, but later you'll realize they are the starting line.
Lastly, let's talk about $OKB. I was really envious of that wave yesterday, but don't worry, I'm not on the bus.
Transforming from exchange tokens to L2 public chain X Layer native Gas, with a fixed supply of 21 million coins, no inflation or burning, full scarcity. OKX is also investing in ecology, cross-chain, DeFi, and RWA, aiming to follow the path of BNB.
There are many strong competitors in the track, and if TVL doesn't break 5 billion in two years, it will be difficult.
Currently valued at 2 billion, expected to stabilize at 5-10 billion after maturity, and the bull market could even reach 20-50 billion, corresponding to $500-2000.
My thought is simple—buy below $100 with eyes closed, leave the rest to the market.
Market waves come one after another, it's easy to get lost when walking alone.
