Do not compare the bull markets of 2017 and 2021 with the current situation.

Although I mentioned the start of the altcoin market at the beginning of August, many altcoins are merely a Tyndall effect, fleeting and transient.

There are still few large capital entrants, retail participation is low, the washout period is lengthy, and these old coins have strong narratives, still familiar faces.

The key point now is that the bull market cycle is still ongoing, and the washout is actually an opportunity; however, how long this round of washout will last, no one can predict.

In the future, if you encounter altcoins that have already risen significantly, do not chase them; if you miss out, so be it.

The real opportunity lies in new coins where the entire network is in FUD (Fear, Uncertainty, Doubt). If this wave can complete a deep washout, build a daily bottom, and consolidate for a while, then it can be entered, with at least the possibility of doubling.

The focus remains on directions such as L1, RWA, and AI.

Daily market analysis will be published, and high-quality potential coin recommendations will be made. Long-term irregular recommendations on quality individual coins and market analysis will be provided, so follow the main page to avoid getting lost.