The structure of this bull market has changed, and the four-year bull bear cycle has also changed. However, many people are always worried about entering a bear market because they are afraid of being tossed around. In fact, as more and more institutions and governments buy big cakes at no cost, what we need to do in this cycle is to buy and hold on! For altcoins, after Da Bing broke through 100000, the sentiment of retail investors was completely mobilized. Market makers cooperated with retail investors to drive the overall market value of altcoins to rebound through meme coins, and Da Bing's market share continued to decline. The stock of stablecoins is still considerable, and the inflow of funds continues. With the acceleration of RWA, the total amount of stablecoins will still increase significantly, and there will definitely be a market for altcoins.