$BTC institution entering, after asset tokenization, retail investors still have opportunities.
Retail investors still have chances for at least one or two cycles: one is mainstream BTC/ETH, and the other is high-quality or innovative projects. This cycle didn't have a 'small coin season,' yet perp/prediction markets still emerged. The next cycle will still see new types of projects appearing, perhaps AI economy/depin/asset tokenization...
However, the widespread small coin season like the first two cycles is no longer realistic—it's basically gone from history. Future opportunities will exist in specific sectors, with difficulty increasing by more than one order of magnitude.
{future}(BTCUSDT)