Currently, the price of Bitcoin has broken through $109,000, and Ethereum has stabilized at $2,700. This market movement is mainly driven by the return of institutional funds, improved macro sentiment, and technical breakthroughs. The key to short-term trends depends on whether BTC can hold the support at $105,000. If it stabilizes, it may surge to $120,000 - $140,000; otherwise, it could pull back to the $95,000 - $100,000 range. Meanwhile, Nasdaq plans to include XRP, SOL, and others in the crypto index. If the SEC approves this next November, it will significantly enhance the institutional recognition of these altcoins, potentially changing the market structure and making them 'new blue chips.' In terms of investment strategy, it is recommended to maintain core positions in BTC/ETH and moderately allocate to potential ETF targets like SOL and XRP, but be wary of volatility before policies are implemented. Overall, whether this round of market activity can continue depends on ETF fund flows, macro data, and regulatory trends. Investors should remain flexible and pay close attention to the SEC's decision in November, which is a key catalyst.