Never compare the bull markets of 2017 and 2021.

Although I mentioned the starting point of the altcoin market in early August, many altcoins are actually a Tyndall effect.

Only a small amount of capital is entering retail investors, the washout time is long, and most of the old coins with strong narratives.

So here comes the key point / the bull market cycle is still ongoing / washout is an opportunity, but how long will it wash out? No one knows.

In the future, do not participate in altcoins that have large gains.

Opportunities lie in new coins that the entire network is FUDing; as long as this wave can be thoroughly washed out, and the daily chart shows a horizontal line at the bottom, it can be participated in, at least there is a chance to double.

The focus is still on L1/RWA/AI.