The altcoin season has already occurred, and the so-called comprehensive surge that many are waiting for should adjust their mindset for a moment.
The consolidation of altcoins is ultimately a healthy phenomenon. Many are not waiting for the explosion of the altcoin season but are waiting for market FOMO triggered by new concepts. The so-called main wave of a bull market does not require us to ponder when the altcoin season will experience a comprehensive surge!
1. We should think about who the next protagonist will be and what drives the altcoin market.
2. For example, Sui is now $4, how high do you expect it to go? Is it reasonable to invest funds now? Is its economic model a miniature version of XRP? Why didn’t you buy it when it was below $1? The key question is what will we miss in the upcoming market?
3. Adjust your mindset to accept market consolidation, especially when most coins have seen a rise of 150% to 300% from the bottom, it's crucial to have a good mindset to accept market consolidation.
4. Position management: Having seen the positions most people sent me, some have held Ethereum L2 for a year, with 80% of their position in Ethereum L2 on OP, ARB, ZK, Strk. This is a typical case of capital reallocation without market tolerance, equivalent to going all-in on one L2 coin.
Don’t lament how good the main wave is when a concept's main wave rises; engaging in FOMO to get in early and out early. Over the past few months, no one has actively asked me about the Sui ecosystem; only a small number of groups have discussed this matter, including ONDO, CETUS, and some other coins. Now, discussing this with us seems completely out of place. This reminds me of a woman I had previously shared PePe and WLD with, who had given me tips but later criticized me when the market fell. Recently, she came back to me asking if she could adjust her position—can we not joke around, lady? Human nature is really interesting 🤔
