The cryptocurrency market has recently shown a bullish trend, with overall activity increasing. Bitcoin (BTC) has returned above the 200-day moving average (MA), with strong technical signals suggesting a bullish outlook ahead, and the fundamentals turning positive, possibly leading to a sideways or slow upward movement 📈. Analyst Willy Woo points out that the current trading price of BTC is about 40% below its intrinsic value, indicating potential valuation correction space. The Solana ecosystem is strong, with USDC circulation surpassing $10 billion, reflecting an increase in DeFi activity and driving network effects 📊. The House project’s market value has soared to $72 million, with a 24-hour increase of over 62%, showing a meme or emerging token craze. Binance Alpha is about to launch the Haedal Protocol, which is expected to inject liquidity and support market expansion. However, risks cannot be ignored: Nike faces a class action lawsuit due to the closure of its RTFKT department, which may affect Web3 brand collaborations ⚠️; Life Protocol suffered an attack with losses exceeding $51,000, reminding investors to strengthen security measures. Meta Reality Labs has laid off hundreds of employees, and the hype around the metaverse is cooling, which may impact related cryptocurrency applications. Vitalik emphasizes that the process of Ethereum account abstraction is only halfway through, and non-ECDSA accounts are expected to become mainstream in the future, driving ecological upgrades 🔗. Overall, market sentiment is optimistic, but vigilance is needed against regulatory and security challenges. Investors should pay attention to BTC bullish signals and moderately diversify assets to cope with volatility. 💹 Stay cautious, as opportunities and risks coexist.