Looking at the current market trends of BTC, ETH, and BNB, it actually reflects an interesting phenomenon.

The incremental funds in large-cap stocks are beginning to overflow into small-cap stocks (the Russell 2000 hitting new highs is a signal), and this rotation often ultimately targets crypto assets. Funds follow the law of gravity, always flowing into the next low point — this is the market's usual script.

If mainstream assets like Bitcoin and Ethereum can stabilize now, projects that have been thoroughly washed of their chip structures during long-term adjustments and have relatively low market caps are easily able to become recipients of overflow liquidity. This is not some profound theory; it’s simply supply and demand.

It’s worth noting that for builders who have been steadfast on-chain, the current macro environment is actually quite friendly. Although waiting is always tough, in this market, the real competition is about who can last long enough. Short-term volatility may be frustrating, but those who endure often laugh last.

Do your homework and trust your judgment—that’s the right path.