I found that many people in the square are saying that the recent market is not good, especially for altcoins,

believing that the poor performance of altcoins is due to "lack of money and market illiquidity,"

but this is just a superficial phenomenon!

The real reason is that the market environment and participants' mindset have changed. Why do I say that?

To put it bluntly, the era when you could just make up a story to drive up the price of coins is long gone.

Now, everyone is more rational and picky; the old tricks just don't work anymore.

Currently, many altcoins are struggling mainly due to two core issues:

First, there is no innovation; second, the valuations are outrageous.

In recent years, most small coin projects have been "playing concepts," without actual product implementation or real application scenarios, relying entirely on storytelling to support them.

But now, no one is buying into such empty talk anymore.

During the bull market, VCs crazily inflated prices, with many projects hitting the exchanges with valuations in the tens of billions; ordinary investors become the ones left holding the bag when they enter the market. How could such a situation possibly thrive?

The more realistic picture is that market funds are becoming increasingly concentrated, just like the head effect in the US stock market, where the top 10% of quality projects absorb 90% of the funds, leaving the remaining altcoins to "gather dust" on the sidelines. The project teams are not foolish either; as soon as they try to pump the price a little, they face sell-offs, so they simply give up on speculation and choose to lie low. Thus, altcoins now often experience a price drop as soon as they hit the market, losing even the confidence of investors.

To make money in such a market, you need to change your mindset; stop fantasizing that you can get rich by holding long-term. The current market characteristics are "short, fast, and fierce"—catch the rhythm, seize a wave of short-term explosions, and leave quickly, taking profits when you can. No matter how quick and shrewd your actions are, being half a beat slow could mean you won't even get a "soup." When the next big liquidity cycle arrives, there may be new opportunities, but the competition will be fiercer; by then, it won't just be about luck, but about logical judgment and execution ability.

In summary: The current altcoin market is no longer the era of "waiting for a pump with closed eyes," but rather a battleground of "fast, precise, and fierce" competition. Only those who can adapt to the new rules will survive.

After all this, those who support Lin can give a follow and continue sharing~

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