The underlying logic of the three coins is quietly changing.

Over the past two and a half weeks, large investors have been continuously reallocating their positions—moving from BTC to ETH. This is not a test, but a coherent accumulation move. At the same time, the US spot ETF is also making moves, with weekly net inflows surpassing $200 million. The institutional real money is already entering the market. On the macro front, the impact of the Japanese Central Bank’s rate hike has been much milder than expected, and the pressure has been largely absorbed.

You will find that the market has shifted from "when will it move" to "how will it move." No longer passively waiting for the wind to blow, but starting to follow the trend. The next focus isn’t whether it will go up or not, but how high it can go and how it fluctuates in the middle—that’s what determines the returns.