Bitcoin has been in a state of adjustment recently, but the downside space has become relatively limited. The current market is digesting the impacts of the geopolitical conflict between Israel and Iran. Once these uncertainties are fully absorbed by the market, the upward trend is expected to be re-established.

The passage of legislation related to stablecoins has become a certainty. Next, traditional financial institutions will embark on large-scale issuance of stablecoins and enter the blockchain ecosystem, which will significantly enhance market liquidity and may give rise to new investment themes. In the face of the current market, investors need to maintain patience and confidence.

The exploration of the market bottom requires a process, similar to the oscillation adjustment phase between March and October last year, until November when the upward cycle truly began. Currently, altcoins are declining along with the overall market, but the DeFi and RWA sectors are performing relatively steadily, with leading projects demonstrating strong resistance to declines. Once the market stabilizes, these leading projects may be the first to show significant rebounds.

After ALT was listed on the Upbit exchange in South Korea with a KRW trading pair, the project injected 200 million tokens into Binance, enhancing liquidity. On the technical front, the ALT price has broken through the upper boundary of the recent downward channel, and the pattern seems to be forming a rounded bottom. However, it is important to note that today's increase is significant, so it is advisable to cautiously manage positions.

The RSR project has a strong background, with its management team having collaborated with several well-known technology companies. From a fundamental data perspective, its investment value is significant and can compete with other high-quality blockchain projects. Technically, RSR is experiencing a rebound at the support level of the symmetrical triangle edge; if it can successfully break through, there may be considerable upward potential in the medium term.