The big pancake is still fluctuating around 92,000, which has accumulated a large amount of buying support. Given the current market sentiment, the probability of a significant pullback is very low; the overall direction has formed upward.

In terms of altcoins, Ethereum continues to perform poorly, with the ETH/BTC exchange rate hovering around 0.034. It really cannot show any strength at all. In this round of the market, the main trading currency for retail investors has really been replaced by $sol.

This can be seen from the sol/BTC exchange rate, which has been steadily rising on both the daily and 4-hour charts. Once sol breaks through its all-time high, the impact of altcoins will truly be revealed. I anticipate that sol still has about five times the potential ahead.

Other altcoins also experienced a general rise yesterday, with projects like $xtz and $hbar, which have not increased for ages, also starting to catch up.