Recently, the Crypto Assets market has shown a different development trend compared to the past. Alts experienced a significant fall of 15-20% today, in stark contrast to Bitcoin, which remains stable. This phenomenon has raised concerns among market participants; if Bitcoin really pulls back to 110,000, the altcoin market may face severe impact.

The current bull market presents unique characteristics and does not follow the traditional rotation pattern of 'Bitcoin leading the rise → Ethereum closely following → alts exploding'. There are two main reasons for this phenomenon: firstly, retail investors have not fully returned to the market, and the current market is mainly driven by institutional funds; secondly, large institutional investors primarily focus on Bitcoin and Ethereum, resulting in a lack of funding support for altcoins.

Although Ethereum has risen from $1500 to $3800, projects within its ecosystem have not benefited from this, and the performance of the altcoin market is much quieter than usual. This indicates that the market logic has changed — mainstream Crypto Assets are moving toward institutionalization, while alts are more like high-risk speculative products, with greater volatility and more dispersed opportunities.

Investors should no longer expect to achieve huge returns by blindly purchasing alts; it is now necessary to choose investment targets more cautiously. The market has entered a 'selection mode,' where only truly advantageous Crypto Assets can stand out in the competition. Although Ethereum's funds are unstable, its market capitalization allows it to avoid a collapse during a fall.

In the future, market differentiation may become more pronounced, with Bitcoin, Ethereum, and other altcoins likely following different development paces. To profit in this market, investors need to closely monitor changes in market structure and accurately grasp the investment targets that truly have advantages.

In the Crypto Assets field, choosing is often more important than effort. Following the right investment strategy will make profits come naturally. However, investors still need to be cautious, as the volatility and risk of the Crypto Assets market remain high.