The cryptocurrency market has recently shown a complex trend. The price movements of Ethereum (ETH) and Bitcoin (BTC) are highly correlated, and investors generally adopt a cautious attitude, tending to wait and see.

Dogecoin (DOGE) has experienced a significant correction, which is not only related to its own trend but also somewhat associated with the weakening influence of its main supporter, Musk. After showing an inverted V-shaped trend, the price quickly dropped, and whether it can challenge the 10-cent mark again will depend on observing Musk's performance and influence in the second half of the year.

The latest market trend of Conflux (CFX) seems to suggest a possible wash trading behavior rather than just a simple pump. The market generally believes that if CFX can stabilize above the $0.22 level, it is likely to usher in a new round of increases, with target prices potentially pointing towards $0.3.

The trend of the SPK project reminds people of the early SAND (Sandbox). Although the market is currently quite chaotic, it contains potential opportunities. However, investors should remain cautious, avoid recklessly entering the market with their entire capital, and instead adopt a strategy of small-scale experimentation.

It is worth noting that AI-related projects have recently garnered attention and support from Musk. A post by Musk on social media sparked a heated discussion in the market regarding AI projects, leading to a significant increase in on-chain trading activities of related tokens.

Overall, the current cryptocurrency market shows a diversified development trend, with stable performance from traditional mainstream currencies as well as the potential of emerging projects. While investors seize opportunities, they also need to fully recognize market risks and manage asset allocation and risk management.