The secondary market is a bit quiet right now, with not much good material to speculate on. The on-chain activity is slightly more lively, but no phenomenal projects have emerged. Brothers who want to get involved can pay more attention to the community engagement and innovative aspects of new on-chain projects, rather than just chasing the hype, as it can easily lead to losses.

The Dubai Financial Services Authority (DFSA) has just approved a QCD money market fund (QCDT), which is the first tokenized money market fund in the Dubai International Financial Centre! It's quite interesting, done in collaboration with Qatar National Bank and DMZ Finance. What can this fund do? Banks use it as collateral, exchanges use it for mapped assets, and it can also serve as underlying support for Web3 payment systems. I feel that once stablecoins are implemented, RWA (real-world assets) will definitely become popular! Once liquidity flows out, it'll inevitably come to this area. Who knows when a platform similar to OpenSea or PUMPfun will emerge, specifically dealing with RWA, then it will be lively, and we need to keep an eye on it!

The market looks quite stable right now, but it’s a bit boring in that stability. For those looking to play in the short term, I suggest keeping an eye on key levels for Bitcoin, and considering stable tools like ETFs. In the long run, I feel there's a big play in stablecoins and RWA, so it's worth keeping an eye on. However, the market is very volatile, so brothers need to manage their positions well, don’t go all-in, and keep some bullets for safety!