Many people attribute the weakness of altcoins directly to a lack of funds and poor liquidity.
This is just the result, not the fundamental reason.
The real change is that the market and participants have changed.
The phase where prices could be pushed up just by concepts and narratives is over.
The funds entering the market now pay more attention to results, and are more cautious; old methods are hard to work again.
Currently, altcoins are difficult to operate for two main reasons. First, there is a lack of substantial progress.
Many projects have not produced a viable product or a clear purpose after many years; they are just repeating their rhetoric. Previously, this method could support valuations, but it is now hard to gain recognition.
Second, the starting pricing is too high. In the last market cycle, many projects were pushed to high positions early.
Once the price goes online, the space has already been used up in advance, making it naturally difficult to form a sustained trend afterward.
At the same time, funds are clearly concentrating.
Most attention and transactions are flowing to a few leading projects.
The presence of other projects is decreasing, and they can only be passively marginalized.
The project parties are also aware of this. Even a slight movement can easily meet selling pressure; instead of pulling back and forth repeatedly, it is better to reduce presence and maintain operation.
The result is that new projects are frequently under pressure, and market expectations for long-term holdings are constantly weakening.
In this environment, relying on time to create space is very difficult.
A more realistic approach is to participate around phase opportunities, with a faster pace, clear goals, and exit upon completion.
When the overall environment improves again, opportunities may emerge.
But those who can stay are definitely those who can adapt to the new rules.
If you want to succeed and make a big profit, if you want to double your account,
stay close to Uncle Nan and seize the opportunity for the main bull market wave in advance!!
