The last trading day of this week sees the market sentiment tense, with the focus shifting to next week's U.S. first quarter GDP data, and the downward adjustment of expectations casts a shadow over May trading. $BTC shows stable performance, with decreased turnover rate and a steady increase in price.

In contrast, the altcoin sector featuring AI, RWA, MEME, etc., sees active capital. Last night, $ONDO directly collaborated with the SEC working group, with its market value surpassing 10 billion overnight, igniting market enthusiasm. Funds are flowing from Bitcoin to altcoins, with noticeable sector rotation.

Tonight's SEC crypto roundtable is highly anticipated, possibly involving discussions on ETF-related tokens (such as XRP, LTC, SOL, etc.). If favorable news regarding ETFs materializes, relevant altcoins may experience a rise, exacerbating market differentiation. Currently, the altcoins applying for ETFs include $XRP, $LTC, $DOGE, $SOL, AVAX, etc. ETF backing may create a gap between these tokens and altcoins without ETF endorsement. Moving forward, pay close attention to the meeting results and market reactions!

In this round of increases, $SUI has outperformed all mainstream coins, currently quoted at $3.65, marking a 95% increase from the bottom of $1.72 on April 7. Especially in the past two days, it has consistently risen above the 30-day, 60-day, and 200-day moving averages, without any pullbacks providing entry opportunities.

Today, small-cap coins like $ALPACA and $BSW continue to revel, with volatility comparable to primary markets. Traders need to manage their positions carefully! Whether going long or short, leveraging can easily lead to liquidation, so don't get carried away and lose your money. These small-cap altcoins are clearly controlled by market makers opening betting games, so be cautious not to get too excited.