A few observations on the current crypto market.

1. Ethereum has become stronger.
Recently, Ethereum's performance has clearly outperformed Bitcoin. After successfully standing above the daily 200 moving average, the price surged all the way up, and it has recently risen to around $3400, showing quite strong momentum.
2. Some established cryptocurrencies are starting to fall behind.
In comparison, some traditional cryptocurrencies that performed strongly last November have shown little impressive performance in this round of market. Except for XRP, the prices of other coins are still hitting new lows relative to Bitcoin, indicating that funds are being redistributed.
3. Which projects are more favored by capital?
Among the projects with larger market capitalizations, besides Ethereum, the performance of Sui is also quite impressive, with Hype even expected to break into the top ten. The logic behind this is simple: projects that can continuously generate profits and use those profits to repurchase their own platform tokens are more likely to attract capital attention. Coins that rely solely on speculation, without performance backing, may find it increasingly difficult to attract funding in the future.
4. Ethereum breaks 3000, Ethereum-based projects are brewing a breakthrough.
As Ethereum rises above $3000, many coins related to Ethereum are forming a "cup and handle" technical pattern. If the market does not experience a major pullback, these coins are likely to welcome a real explosion.
5. Currently, there is no明显的新赛道 in the market, but opportunities are hidden in the volatility.
Currently, there are no particularly popular new themes being traded in the market, but that doesn't mean there are no opportunities. The key at this stage is to control risk—if Bitcoin or Ethereum pull back, it will be difficult for other coins to stand out. However, for investors who know when to enter and exit, there may be opportunities arising from short-term market sentiment. Of course, whether these opportunities can sustain is still difficult to judge.
6. At this stage, it is about "maturity" and "stability".
What matters now is not who has better luck, but who understands the market better and who has more stable risk control. For ordinary investors, the simplest and most effective strategy might be to steadily hold onto the spot. As long as the market doesn't crash, just this step alone could earn more than many who are constantly struggling.
#比特币巨鲸动向#