Don't compare the bull markets of 2017 and 2021 to now.

Although I mentioned the starting point for altcoin trends at the beginning of August, many altcoins are actually just a Tyndall effect (i.e., a fleeting moment).

There hasn't been a lot of large capital entering the market, retail participation is low, the consolidation period is long, and these old coins have a particularly strong narrative, basically still featuring familiar faces.

The key point now is that the bull market cycle is still continuing; consolidation is actually an opportunity, but how long this round of consolidation will last is uncertain.

In the future, if you see altcoins that have already risen significantly, don't chase them; if you miss out, you miss out.

The real opportunities lie in the new coins that are facing widespread FUD. As long as this wave can thoroughly consolidate, form a daily bottom, and trade sideways for a while, you can participate. There is at least a chance for a double.

The core focus remains on L1, RWA, and AI in these directions.