The recent market recovery has become quite evident, with ETH getting back on its feet and exchanges daring to pump their own platform tokens. BNB has been pumped to 860, and OKB has surged to 145. Essentially, these moves are preparing for subsequent dumping. The routine is a well-known cycle: low-level accumulation → pump to create momentum → align with favourable information narrative → attract retail investors and outside funds → gradually dump at high levels.

From a narrative perspective, mainstream coins have gone through several plots in this round. Bitcoin has told stories about ETFs, national reserves, and the U.S. asset side; its current role is more like "staying stable, continuously accumulating funds." SOL has experienced a revival and a meme frenzy, but it’s still uncertain whether it can push through a third wave to reach new highs. After two rounds of speculation, the market is watching whether BNB can ignite the final emotional push to 1000 or even higher. OKB has suddenly changed its narrative, removing the new issuance function, transforming itself into public chain fuel, and, coupled with aggressive pumping, forcibly creating a new story.
ETH is replicating Bitcoin's approach: attracting external funds through ETF narratives and thoroughly explaining "asset on-chain." Many people got off early to invest in SOL, but institutions are still buying, and inertia could very likely push it to 5000. When market sentiment is completely ignited, the slogan of 10,000 dollars will also be shouted, at which point retail investors who are unaware of the truth will certainly take over, and in the end, it will naturally be the institutions cashing out at a high.
Overall, the exchanges are leading the pump, and various narratives are being repeatedly acted out, which indicates that the market is approaching a bull market climax. Next, it is highly likely that various coins will be pumped in turn, and the stories will become more and more intense, with outside funds being absorbed in batches. Once the manipulators successfully offload their chips, the market will peak, and then enter the familiar phase of decline and consumption. #PI #BTC #ETH #GateioInto11