This is the stage in the cycle where people overestimate downside risks and underestimate upside risks.

Many questions have been raised, such as whether a specific project is truly valuable enough to warrant issuing tokens, and why there is a need to issue tokens.

Will there be any situation where #Altcoin values rise again?

This is the same slogan.

I believe that in terms of #Altcoin selection, 2026 will be more difficult than 2021 and 2017, as there are more altcoins in the system.

However, capital will still flow into strong projects, as you will no longer see huge returns from #Bitcoin or $ETH.

The same rhetoric from 2017 and 2021 will appear again.

Investors pursue high returns, which is why prices rise far beyond their justified levels.