August is halfway through, and the market performance in the next four and a half months will undoubtedly become the focus of everyone's attention.

You may have noticed that the current bull market is different from the past. After the initial momentum, the market seems to lack stamina. My initial analysis is that the first half of the bull market rose faster, while the second half may enter a slow digestion period.

Behind this change is the adjustment of the market's capital structure. The addition of formal capital has brought about a rapid rise in the market, and now the market seems to be going through a sideways consolidation phase.

At the same time, the liquidity of altcoins appears relatively weak, the speed of sector rotation has slowed down, and the sustainability of the rise is insufficient. In such a market environment, choosing the right currency requires more caution and savvy.

The core problem of the current market is the lack of liquidity and hot spots. But in the final analysis, liquidity is the key. Once market liquidity improves, hot spots will naturally follow, because hot spots can often be created and promoted through market behavior.