Recently, the crypto assets market has shown new trends. Data indicates that the market share of Bitcoin (BTC) has dropped to 58.23%, marking a new low since January of this year. This decline in the metric is often seen as a precursor to funds flowing into other altcoins, sparking speculation in the industry about the imminent arrival of "alt season."

However, market analysts advise investors to remain cautious. Although Bitcoin's market share has declined, mainstream altcoins like Ethereum (ETH) have yet to fully ramp up, and overall market trading volume has not shown significant growth. Therefore, the current stage may be more suitable to be seen as the "preheating period" for the altcoin market rather than a full-blown outbreak.

At the same time, certain sectors in the market are performing remarkably. The WLFI coin plummeted over 45% in just 20 hours, with the current trading price around $0.238, far below the previous optimistic expectation of $1.7. This event once again proves the high risk of the emerging altcoin market, reminding investors to be cautious with market rumors, especially in contract trading.

On the other hand, the X-chain meme coin sector, represented by Xu Le, has also experienced a significant correction, with some leading projects dropping more than 50%. This indicates that the short-term frenzy in this field may have come to an end, and investors should remain vigilant to avoid catching the falling knife at high levels.

At the macroeconomic level, the monetary policy direction of the Federal Reserve has also attracted market attention. Some analysts believe that Federal Reserve Chairman Powell's attitude may be softening, and that he might consider lowering interest rates in a month due to a weak labor market. This potential policy shift could have far-reaching effects on the Crypto Assets market.

Overall, the current cryptocurrency market is at a delicate turning point. Investors need to closely monitor the changes in various indicators, rationally assess risks, and be prepared for potential market opportunities.