The current cryptocurrency market presents a unique pattern. Mainstream currencies like Bitcoin and Ethereum have become favorites for institutional funds, with capital switching back and forth between these two giants. However, this trend has not significantly benefited smaller cryptocurrencies.

The market seems to be brewing a special strategy. In order to maximize returns, large institutions may need to attract more retail participation. Considering that most retail investors are active in the small cryptocurrency market, we might see certain small coins being deliberately pushed up to create a wealth effect. This phenomenon may occur periodically rather than as a continuous overall rise. Therefore, investors need to be keenly aware of market rotations.

The current market presents a stark contrast: established small cryptocurrencies are quiet, public chain projects are dormant, while some quality infrastructure projects are not inclined to hype due to ample funding. In contrast, some small-cap emerging projects and newly issued tokens frequently appear on the gainers' list, showcasing remarkable performance in the short term. However, once market risk aversion increases, the liquidity of small cryptocurrencies quickly diminishes.

This market condition may be advantageous for institutional investors, but it is filled with challenges and risks for experienced individual investors.

In such a market environment, investment strategies can consider the following points:

1. For well-known infrastructure public chain projects that are in a low price range, consider adopting a medium to long-term dollar-cost averaging strategy, focusing primarily on spot trading.

2. Focus on emerging tokens with a market cap between 7 million and 12 million, as well as projects with strong fundamentals that have undergone sufficient adjustments and have been consolidating for a long time.

3. Pay attention to the unlocking information of various tokens on the Binance platform, and avoid varieties with large unlocks in the near term.

4. Focus on tokens in hot areas such as Real World Asset Tokenization (RWA), Artificial Intelligence (AI), and Ethereum staking, prioritizing leading projects in these sectors.

The cryptocurrency market is still full of uncertainty, and investors need to remain vigilant, analyze rationally, and make cautious decisions.