Over the past 24 hours, the cryptocurrency market has experienced a pullback rebound, with Bitcoin and Ethereum prices rising and mainstream assets reasserting their dominant position. Despite the recovery in market capitalization and trading volume, the Fear and Greed Index remains at 11, indicating extreme market panic and suggesting the market will enter a cautious offensive phase. Cryptocurrencies with the largest gains, such as ANON (+50.05%) and CSPR (+38.39%), are primarily driven by themes including artificial intelligence, enterprise blockchain, and Bitcoin infrastructure. Meanwhile, institutional on-chain infrastructure construction is accelerating, with Deloitte Canada and Nasdaq advancing stablecoin and tokenized collateral projects.