#数字资产市场动态 The latest data shows that the crypto market's fear and greed index today stands at 49, yesterday was 50. It seems that the sentiment has moved away from extremes and returned to a neutral zone. Compared to the average fear level of 29 last week and the extreme fear state of 16 last month, the current atmosphere is clearly different.

This turning point is crucial. The market is gradually climbing out of the fear pit and beginning to consider the next steps. The attitude of capital is also changing — no longer passively seeking to recover losses, but actively looking for projects with stories and potential.

At such a juncture, truly valuable projects need to make the clearest voice heard. It’s not just one of many options; what needs to be done is to lead the market to see clearly what is genuinely worth paying attention to in the next phase.

The shift from "experimental concepts" to "actual growth assets." This is the key.

When the market recovers from panic, it’s most vulnerable to repeating past mistakes. What is true recovery? It’s recognizing which projects are still genuinely working during the bear market, rather than just storytelling. Real alpha comes from those overlooked builders who have been delivering all along.

For example, some projects’ "hotness indicators" are not from Weibo trending searches, but from weekly active users and monthly offline educational activities. When the market was fearful, they didn’t stop working. Now that the market is warming, they have already accumulated real value chips.

Investing in such projects is not fundamentally betting on market sentiment fluctuations, but investing in a rapidly growing global action network that solves real-world problems. That is the true alpha capable of crossing cycles.