PEPE's recent rally is quite solid, with trading volume soaring and funds continuously flowing in. The market data is transparent with no false components. Based on the candlestick patterns combined with capital flow, this wave can basically be confirmed as a genuine breakout, making it unlikely to be a trap to lure retail investors.

XPL has recently attracted more attention. Its market cap share is particularly high, indicating that large funds are frequently entering and exiting. As a leading project in the stablecoin chain narrative, the current data looks lukewarm, but once this sector enters a rally, it will inevitably become a target for speculation.

ENA and Virtual are currently experiencing somewhat dull days, but don't underestimate them. ENA is the blue-chip that is easiest to pump, while Virtual has taken on the banner of the AI narrative. If a blue-chip rally erupts, these two will definitely be at the forefront.

The current market structure is very clear—mainstream coins and blue-chips are heating up, which is the main trend. In contrast, small-cap coins are now just a meat grinder; the speed of competition among players is ridiculously fast. The candlestick volatility looks fierce, but it's too difficult for retail investors to profit from it. It's not an exaggeration to say that small coins are entirely manipulated by whales drawing lines. Therefore, if you want to participate, you must closely monitor data changes and stay alert at all times.