I basically don't touch projects in the primary market anymore. Every day there are tens of thousands of new coins, and 99% of them are junk.
I am mainly looking at opportunities in the secondary market now. Although well-known coins have a large market cap, they have good liquidity and transparent data. There are still opportunities for swing trading or capturing hot rotations.
In the primary market, the risks are too great. Unless it's a track I'm particularly familiar with, supported by clear fundamental logic. Otherwise, it's just gambling.
I've seen too many friends lose everything in the primary market. It's better to honestly study the targets in the secondary market $BTC . At least the K-line and capital flow can be observed.
The way AT is dropping is basically a typical sign of concept coins retreating. Things like RWA oracles and AI infrastructure sound sexy, but the market doesn't buy it.
When the technical side is completely bearish, it doesn't matter how much the community shouts about fundamentals. Capital outflow indicates that large holders are retreating, and retail investors have limited ability to take over.
In this market environment, unless there are substantial product launches or new speculation hotspots, it will be difficult for concept stocks like AT to see any improvement. If you really want to play in the oracle track, it's better to wait for clearer signals before entering the market.
