The recent upward trend in the market brings to mind the situation in 2021. At that time, many investors missed the major rise phase due to hesitation. However, this time the market seems to be different.

From the current situation, this wave of rise is not driven by retail investors. On-chain activity is relatively calm, which suggests that institutional investors may be positioning themselves in advance. If this speculation holds true, then what we are seeing now may just be the prologue.

It is worth noting that if the market begins to experience large-scale chasing rises and killing falls (FOMO), that might be the true climax of the market. Therefore, investors at this stage need to stay vigilant and closely monitor market trends.

The market changes every day can bring new opportunities or risks. To avoid missing out on good opportunities again, investors should be more proactive in participating in the market rather than just being bystanders. However, while chasing opportunities, it is also important to carefully assess risks and make rational investment decisions.

Overall, the current market shows some positive signals, but the true direction of the market still needs further observation. Both institutional and individual investors need to keep a calm mind, neither blindly chasing rises nor missing potential investment opportunities.