Looking at the recent market rhythm, it can be seen that the plight of altcoins has basically passed. From the overall market rotation logic, first BTC, BNB, ETH, SOL, BCH, ZEC, these leading mainstream coins began to rebound, followed by the heat transferring to community ecosystem tokens like PEOPLE, PEPE, DOGE, which then surged accordingly. Further on, even the once popular old coins—such as SHIB, WIF, and other sentiment tokens—show signs of recovery. However, some stubborn players are still declining alone, appearing a bit out of place.

The performance of ETH is worth noting. Although the gains are still moderate, the rhythm suggests it should enter a sideways consolidation phase. From a technical perspective, the 3080 level has formed a recent resistance zone, and tonight’s movement is likely to undergo sufficient oscillation confirmation around this area.