The index of counterfeit coins continues to hit new lows, while new projects keep emerging. When will we welcome the season of a full-blown surge in altcoins?

I'm afraid it can only be realized against the backdrop of widespread monetary easing—only when the capital in the risk market becomes saturated will liquidity spill over into more volatile areas.

So, are altcoins really scams? I don't think so. If you hold large assets but lack high-yield opportunities, you are also likely to choose top assets because no one wants to take on excessive and uncertain risks. The current market structure can be roughly divided into three levels:

Traditional financial market: dominated by low-interest, capital-preserving financial products, pursuing stable returns;

Risk financial market: including gold, platinum, stock market leaders, and leading cryptocurrencies gradually entering the mainstream view (such as Bitcoin);

Speculative market: covering various small stocks and small-cap tokens (altcoins).

When the speed of currency growth exceeds the upward capacity of traditional risk markets, funds will naturally be pushed towards more volatile and potentially higher-return speculative areas.

Altcoins are not inherently scams; they are more like a mirror reflecting the instinctive choices of the market in times of excess liquidity—seeking value gaps and chasing excess returns.

In this clearly layered market, each level carries funds with different risk preferences.

The existence of altcoins precisely provides investors willing to take on higher risks for higher returns with a possible outlet. $BTC $ETH #加密市场反弹 #美联储FOMC会议