$BTC Today's trend is very subtle.

Mainstream coins are slowly pushing up,

it's not that explosive rise that blows everything away,

it's more like——

"I don't say it, but I'm rising."

Recently, the overall sentiment in the crypto world has been quite consistent:

regulatory news is somewhat favorable, institutional discussion is increasing,

topics related to ETH and L2 are becoming more frequent.

But the community sentiment is that kind of:

"I don't believe it when it rises, and I'm afraid when it falls."

This kind of unusual caution,

is often not the style of a peak.

Overall feeling is:

Those who should act are starting to act,

while those who are not ready are still observing.

So my understanding of this wave of market is:

it's not a climax, not a riot,

it's more like——

something is quietly brewing.