DWF Partner: The crypto market may be nearing its bottom, with M&A activity very active behind the scenes.

PANews reported on February 5th that, according to Andrei Grachev, a partner at DWF Labs, the crypto market may be nearing its bottom, with an expected volatility of around 15% around current price levels. He believes that while professional investors are still actively deploying funds into real-world assets and projects with "grand visions," market inflows for direct spot purchases have almost stagnated because cash holders can currently trade on extremely favorable terms. Meanwhile, M&A activity is very active behind the scenes, with many revenue-generating companies planning IPOs.

He predicts that most altcoin projects will decline after the bear market, while only projects that are truly doing business and driving growth will rise with the overall market growth. Retail investor funds are currently concentrated on speculative platforms like Pump Fun, but when the market recovers and coin prices rise, they will return to the market, chasing the assets currently held by mainstream funds and newly emerging "grand vision" tokens. His core points can be summarized as follows: the market is nearing its bottom; venture capital is actively investing in infrastructure, RWA, and other areas; cash is king, and high-quality assets can be acquired at a significant discount; long-term industry growth is a certainty, the core issue is survival rate.