The Crypto Assets market has recently presented a series of perplexing phenomena. On one hand, institutional investors are frequently getting on board, purchasing a large amount of digital assets; on the other hand, market prices continue to decline, leaving many investors puzzled.

At the same time, as the leader of the Crypto Assets market, the price of Bitcoin has reached new highs repeatedly, but other alternative coins (commonly known as altcoins) have performed mediocrely and struggled to keep pace with Bitcoin. This significant gap between mainstream coins and smaller coins has raised concerns in the market about the future development of altcoins.

The Ethereum market has also exhibited strange phenomena. Despite institutional investors buying a large amount of Ethereum spot, on-chain data shows that the outflow of staked Ethereum exceeds the inflow. This seemingly contradictory situation has led market participants to have differing views on the long-term prospects of Ethereum.

These phenomena may reflect the competition between new and old funds in the market. As institutional investors continuously get on board, they bring new investment logic and market dynamics. Meanwhile, existing retail investors may choose to lock in profits due to market uncertainty. How this process of capital replacement ultimately affects market trends remains a question worth paying attention to.

In this volatile Crypto Assets market, every participant has their own views and strategies. Whether it is Bitcoin, Ethereum, or other digital assets, their future developments will continue to affect the market's nerves.