This round of the bull market has not seen a large-scale altcoin season; it's not that Web3 is failing, but rather the market has been disrupted by some overvalued bubble projects. The industry itself is fine, and cryptocurrency still has at least a decade of golden development ahead.

For retail investors, the most important thing is not to follow the crowd and buy recklessly, avoiding those projects that only talk big without substance. The two key points worth paying attention to are: technological strength and brand influence. Other metrics like revenue and user numbers can easily be fabricated, just take a glance.

Technology is the hard truth. For example, the technical difficulty of Ethereum can be compared to top database systems, and its valuation is actually quite reasonable. Therefore, one should focus on projects with solid technology and room for development, such as NEAR.

Another path is to buy influence. Coins like Dogecoin and Trump Coin essentially mean buying their notoriety. In the future of information explosion, whoever's brand can capture attention will be valuable.

In summary: either invest in quality projects that can match Ethereum in technology, or invest in coins with strong cultural influence. Other altcoins are best avoided by ordinary investors. #加密市场观察