The market is still relatively strong today, with BTC reaching as high as 82k, and now staying steadily above 81k. I think the most critical point today is not how much it has risen, but that BTC has already started to show signs of establishing 80k as a short-term bottom. The market structure is also very clear: BTC remains stable, while mainstream altcoins like SOL and XRP begin to rotate; On the regulatory front, the Clarity Act text has officially been released, and the market continues to use US regulation clarity as a medium-term catalyst; Traditional finance and stablecoins are also ongoing, with Circle, enterprise payments, and treasury settlements continuing to expand. So, what does it look more like now? More like “BTC stabilizes, hot spots rotate,” rather than the entire market rushing wildly together. As long as 80k can continue to be solidly supported, altcoins still have a chance; But if trading volume keeps lagging, many rebounds might just be rotations that stop after a cycle.