A few points:
1; The Bitcoin-driven bull market just passed three weeks, and the first phase of Bitcoin has not yet ended. The short-term pullback of Bitcoin may potentially break through 90,000 with a downward spike (a 10% drop would kill more than 10 times leverage, which is an extreme situation, of course, it may not necessarily pull back to this position). If such a situation occurs, even a spike below 90,000, it is bold to bottom out with 2-3 times leverage.
2: From the current market performance, although most altcoins are stagnant, there have been consecutive weekends where various altcoin ecosystems and sectors have shown a series of rises. Currently, it is still the early first phase of the bull market, and such performance from altcoins is also normal. In the last bull market, altcoins only started to explode after Bitcoin completed its first phase of rise. There will be a season for altcoins, but it won't be as crazy as the last bull market because there is no new narrative and story in the current cryptocurrency market.
3: A significant portion of altcoins are issued on the Ethereum chain, and the trend of Ethereum dictates the trend of all altcoins. The overall underperformance of Ethereum suppresses altcoins collectively.
4: Large-cap public chains, especially ETH, SOL, and BNB, have already become very strong in market value, with rich ecosystems that are also in competition with each other, leaving limited room for growth. There are already many public chains in the market, and it is very difficult for a new giant public chain to emerge from this track. Newly entering public chains not only have to compete with first-tier public chains like Ethereum, BNB, SOL, AVAX, but also with second-tier public chains like NEAR. These large-cap public chains can only engage in some swing trading, and the pattern space is not large.
6: The significant hype around the gaming metaverse occurred at the end of the last bull market, and the development of the metaverse is still in its early stages; there will continue to be hype around concepts. Metaverse games may see a leading figure similar to the AXS phenomenon from the last bull market. The new coin OL on OK is a gaming platform token, benchmarked against GALA, with a current market value of less than 30 million, diluting the total market value of 630 million, which is only one-third of GALA. Once the new coin is listed, as long as there is a slight concept, there will be room for hype. It is understood that the cost for OL gold mining studios is 0.08 U. Above this price, one can appropriately position themselves, waiting for a 3-5 times, or even 5-10 times increase. With a small market value, one can take a small risk, belonging to the type of small investment for large returns, but one must not heavily invest; a large position can easily be targeted by opponents, and main funds will not pull the market.