I looked at the chart, and indeed, the top 20 large-cap stocks by market value haven't seen much capital inflow in the past couple of days. However, the trend isn't reversing that quickly. Don't assume it's a bear market just because there's a slight drop; if it turns bearish, how will you play?

This wave is clearly an institutional bull. Capital first entered the top assets (BTC, ETH, XRP), then moved to mid-tier assets (PENGU, SUI, UNI, BONK), and you can see that most of the tail-end coins are still the same as before, just pulled along. So in this round of selecting coins, try to choose those backed by major players. I think it's better to avoid lurking in tail-end assets; if there are speculative funds wanting to play, just follow along with some side plays. The capital hasn't overflowed into tail-end assets yet, so don't overly FOMO into buying small-cap stocks that you think will catch up.