Earlier, it was mentioned that the altcoin market was beginning.
However, most altcoins are just fleeting.
Currently, there is not much large capital entering the market, and retail participation is low, leading to a long washout period,
while old coins have strong narratives and are mostly familiar faces.
The key point is that the bull market cycle continues; the washout is an opportunity, but it is hard to determine how long this wash will last,
and it’s best not to chase the altcoins that have already risen. The market is not lacking opportunities.
Attention can be focused on new coins in the entire network facing FUD.
If a thorough washout can form a daily bottom and consolidate for a while,
then one can participate, with a chance to double.
Continue to pay attention to: L1, RWA, and AI