The Ethereum Prague upgrade will officially go live on the mainnet tomorrow. The biggest benefit of this upgrade is scalability, which facilitates staking by large institutions and raises market expectations for Ethereum ETF staking. Although the saying 'good news turning into bad news' is common, it does not fully apply to the Ethereum upgrade that needs to continue developing after its launch.
At the same time, factors such as the Federal Reserve's interest rate meeting, balance sheet reduction process, and Trump’s policies are also stirring the market. However, the most concerning issue is the current situation of altcoins. Right now, new coins are clustering, market capitalizations are high, and a large amount of hot money is being diverted, causing altcoins to rely solely on Bitcoin and Ethereum to drive market movements, resulting in them only falling but not rising.
Binance frequently conducts airdrops and TGE events, seemingly providing benefits to retail investors, but in reality, many airdrop projects quickly list on spot trading pairs, essentially serving as a disguised launch of new coins. Among them are numerous altcoins trying to take advantage of the situation. If investors are misled by these 'benefits' and blindly follow the crowd, they may end up losing everything. While the Ethereum upgrade brings opportunities, it is crucial to be wary of altcoin risks and to maintain rational investment.