Recently, the Crypto Assets market has shown new trends. With the entry of well-known figures like Trump into the Digital Money field, a wave of celebrity issue coin frenzy has swept in. However, this phenomenon does not seem to have lasted long.

Market observers point out that new entrants' interest in small Crypto Assets (commonly known as "altcoins") and emerging narratives is waning. This phenomenon has led to a weak performance in the small Crypto Assets market: they can only follow weakly when the overall market rises; and when the overall market experiences fluctuations, these small coins often set new lows.

Analysts believe that the future bull market may mainly focus on Crypto Assets that gain regulatory approval in the United States, especially those related to ETFs (Exchange Traded Funds). This indicates that the market is gradually maturing, and investors are more inclined to choose Crypto Assets with institutional backing.

At the same time, macroeconomic factors are also affecting the Crypto Assets market. Adjustments to the U.S. government's tariff policies and fluctuations in employment data may all impact the market. In addition, the Project Crypto initiative launched by the U.S. Securities and Exchange Commission (SEC) has also drawn attention from the industry, which may signal further changes in the regulatory environment for Crypto Assets.

Overall, the Crypto Assets market is undergoing a transition from frenzy to rationality. Investors and market participants need to closely monitor regulatory trends and macroeconomic conditions to better grasp the market direction.