Recently, the Ethereum ecosystem has shown signs of recovery, but the market is still experiencing frequent fluctuations. This quick pullback after a rise is a typical manifestation of the early stages of a bull run. It is worth noting that there are many high-risk projects emerging in the current market, such as TROLL and $MYX, which have stimulated market sentiment in the short term.

However, investors need to remain vigilant and learn to identify potential risks. Using data analysis tools like coinwings can help investors better understand market dynamics and identify projects that may have issues. The data performance of some projects may indicate that they are high-risk investments or even scams.

In such a market environment, investors should proceed with caution, conducting thorough research and risk assessment. The early stages of a bull run are often accompanied by both opportunities and risks, making it crucial to maintain rationality and patience. Focusing on the fundamentals of the project, the team background, and long-term development potential, rather than blindly following short-term market speculation, is a wise investment strategy.