Looking at the performance of altcoins recently, the increase has been rather lukewarm. There are indeed signs of market recovery, both on-chain and off-chain, as can be seen from the data. But the problem is—retail investors' participation enthusiasm is not enough.

Here's an interesting phenomenon. In the past, to establish a foothold on the chain, you needed at least a few million in funds to be taken seriously by the market. Now? 430,000 a month is enough to become the main character of the version. This directly reflects a reality: the market isn't completely out of money, but it really lacks enthusiasm.

Whether funds are present or not is one thing; whether the sentiment is strong enough is another. The current situation is—some people even want to take out loans to push, but lack that emotional drive. When the enthusiasm truly arrives, all the mechanisms that should be triggered in the market will follow suit. The current indifference is essentially waiting for the wind to come.