Recently, the most discussed phenomenon in the crypto community is that Bitcoin's market dominance is loosening. According to overseas data monitoring, the Bitcoin dominance index has fallen below 80%, a rare situation in recent years. As BTC is no longer the sole leader, funds are starting to look for the next breakthrough, and blockchain projects with practical application value are beginning to attract attention.

In simple terms, this is somewhat similar to the evolution of the tech industry. When smartphones first appeared, Apple monopolized the market through innovation. But as the Android ecosystem improved and various application innovations emerged, the entire ecosystem became more prosperous. The current crypto market is also experiencing a similar phase transition.

From a project perspective, those truly useful blockchain projects are performing relatively steadily. For example, Layer2 solutions can significantly reduce transaction costs, distributed storage projects provide data security, and cross-chain protocols enable interoperability between different public chains. These are not vaporware; they are backed by real technological progress and application scenarios. Coins like SOL, FIL, and DOT have maintained relative resilience during recent adjustments, which precisely illustrates this point.

However, there is a key detail worth noting—the market is now at a critical point. From a technical analysis perspective, major mainstream coins are all near important resistance levels. These levels are like cliffs faced by climbers; breaking through them could trigger a trend upward, but failure to break through might lead to repeated oscillations. As market sentiment slightly warms, these coins could trigger a chain reaction.

But a word of caution is necessary. The so-called 'hundredfold explosion' sounds attractive, but it is largely a mathematical game. Achieving a 100x increase from a very small price rise is relatively easy, but to sustain growth requires time, market recognition, and macroeconomic cooperation. Federal Reserve policies, global economic conditions, regulatory attitudes—any shift in these variables could change the market rhythm.

For investors who want to participate, it’s advisable not to be blinded by the numbers of gains. A more practical approach is to observe whether key levels can be held after breakout, pay attention to actual project progress and development updates, and listen more to constructive community voices rather than blindly following hype. Diversify your portfolio, control risks, and prepare psychologically—these age-old tips are actually the most valuable in the current market environment.