#数字资产市场动态 Recently, the rebound of public chains and infrastructure assets has been quite lively to watch, but upon closer inspection, it’s essentially the final gamble under a capital shortage.

Look at the current market: the short-term leaders are all from the infrastructure public chain sector, which was a hot track a few years ago. $FIL, $ARK, these coins that have been criticized countless times, are now becoming active again, as if performing a "final act." Whether you call it a resurrection or a rebound, the underlying logic is the same—someone is forcing the market upward.

There are currently two heated opinions in the market. One side believes that the big players are dumping and fleeing during the last window of opportunity; since they have to exit anyway, they might as well do it quickly while someone is willing to buy. The other side claims this is a signal of the main forces "igniting to extend life," aiming to cut another wave during Q4’s final sprint. Both sides have their staunch supporters, each with their own data and logic.

But what’s the result? Regardless of who is right, the market is playing out this "capital self-rescue show," which is incredibly spectacular. When Bitcoin can’t hold up, altcoins take turns stepping in. If Bitcoin stays sideways pretending nothing’s happening, altcoins start dancing one after another. A single bullish candle can ignite emotions, leading retail investors and follow-the-leader traders to flood in, turning the market into a blazing inferno.

It looks lively, but in reality, it’s just humans artificially creating prosperity. The amount of capital isn’t that large, unable to support a comprehensive, healthy bull market. So, it can only rely on "emotion" to cut the leeks—igniting, pumping, and creating a FOMO atmosphere. When you see a sector collectively catching up and various coins taking off one after another, congratulations, the emotional peak is right in front of you, and the scythe is ready to work.

The likely next step is a "dual-pronged" squeeze: Bitcoin continues to hover at high levels, grinding down those retail investors chasing high; altcoins jump around performing their final solo act. It may look like a hundred flowers blooming, but it’s actually a doomsday carnival. The more active the sector rotation and the more coins rise together, the more dangerous it usually is.

So remember— the more lively the market, the closer it is to the end. Don’t be fooled by this last fireworks display; you could easily lose everything in the blink of an eye.