The Bitcoin and Ethereum markets have undergone significant changes over the past few years. Looking back at the bull run of 2021, the ETF applications for Bitcoin and Ethereum were not approved, and market dominance was still in the hands of exchanges and foundations. However, the situation is very different today.

With the approval of the ETF, we have witnessed a whole new market landscape. Large asset management companies are making significant inroads into this field, and even U.S. pension accounts are now allowed to invest in cryptocurrencies. This change not only alters the distribution of chips in the cryptocurrency space but also reshapes the funding structure of the entire industry.

Compared to 2021, the current market fundamentals have significantly improved. The main force in the market has now shifted to top global trading teams. We can see this from the recent market trends: it fell from $4100 in December 2024 to $1400 in April 2025, and then surged to the current $4700. In such drastic fluctuations, retail investors have very limited profit opportunities, and most retail investors may have experienced stop-losses or missed out on the market.

Based on these observations, we can speculate that the boom period for altcoins is approaching, and it is likely to be even crazier than the previous rounds. Just as many investors missed the opportunity with Ethereum, they may also miss the upcoming altcoin market. This is because only in a thriving altcoin market can faster liquidity be brought to the entire cryptocurrency ecosystem, creating more wealth opportunities for institutional investors.

However, investors should keep in mind that the high returns of the cryptocurrency market come with high risks. It is essential to conduct thorough research and risk assessment before participating in any investment decisions.