This is definitely a bear market, isn’t it? Remember when everyone was hyped for altcoin season? When wallets were full of CEX alts and on-chain shitcoins… Now, we’re seeing CEXs and DEXs listing gold, silver, and even stocks. The era of trading any hot asset is here. Aside from liquidity and regulatory risks, there’s barely anything holding us back. So, besides BTC/ETH/SOL/BNB/HYPE and a handful of projects that can actually generate sustainable revenue in the future, what other altcoins are truly worth your hard-earned money? Stop dreaming. Going forward, only those “value coins” and a few narrative tokens for short-term on-chain hype will matter. Every other altcoin is on a one-way ticket to zero. The investor base is changing. The structure of market participants is changing. If you’re still waiting for another alt season, you probably won’t be around for the next cycle. You’ll be wiped out by the market—inevitably. So, either embrace long-term investment or volatility trading with “value coins,” or go full degen in on-chain PVP. Everything else is just a long-term negative-sum game. Let go of fantasies and face reality. #BTC

I only experienced the knock-off season once in 2023.

An atypical bull market...

Is the supercycle still a consideration?