Let's take a look at the recent market performance. The total cryptocurrency market capitalization remains above $3 trillion, which is still relatively stable. Currently, market sentiment is neutral, with no obvious directional trend, indicating that funds are mainly engaged in structural rotations and battles rather than large-scale overall inflows or outflows.

Several key data points reflect the current market structure: Bitcoin's market share is close to 59%, indicating a clear dominance. The volatility of mainstream coins remains within a limited range, with recent movements mostly being localized adjustments. Conversely, the activity of small-cap assets is increasing, suggesting a partial release of risk appetite.

For novice investors, the most important thing is not to focus on price fluctuations but to understand the market environment they are in. When conditions such as neutral sentiment, sideways movement of mainstream coins, and active small coins occur simultaneously, the market is often in the process of choosing a direction and still in transition. At such times, understanding the environment first and then considering your strategy will often be clearer. Correctly judging the environment naturally makes your trading approach more straightforward.