My personal selection criteria are as follows:

1. Non-stablecoins currently ranked in the top 20 by market capitalization.

2. Non-stablecoins that have ranked in the top 10, even if only for a short time.

3. There is a certain consensus among industry practitioners.

4. There is a widespread user base.

5. The project team will hype up hotspots.

6. There are holdings, and there is a certain position size.

This coin will always be at the top of my ALT+ watchlist. When the rise of this coin is below that of #BTC and #ETH+, I generally don't judge it as external funds entering the market, nor is it a large-scale rising phase. The probability of a general increase is relatively high, and at this time, more funds will still be concentrated in BTC and ETH.

However, if this coin's continuous rise exceeds that of BTC and ETH, I will judge that there may be more external funds entering, or on-site funds are looking for sector rotation. At this point, I will carefully monitor the ALT market and select coins that are completely different in terms of their sectors and types, but meet the basic conditions.

If both coins are rising at the same time and their increases exceed that of BTC and ETH, I will consider it to be the beginning of an explosive season. During the explosive season, most non-stablecoins ranked in the top 50 have a strong probability of rising, and one can choose to strategically invest.

If you can analyze on-chain data, here are some more advanced methods:

1. The circulating market cap and total market cap should be low. The total market cap of a public chain is best below 50 million, and for dapp protocols, it should be best below 5 million. The circulating market cap being low is easy to understand. If the market cap is not low, the space is not large enough; the lower, the better. Why must the total market cap be low? Because in the following 1-2 years, tokens will be gradually released. If the total market cap is not low, it means the project team does not need to pump the price; they can simply offload their tokens horizontally and still become wealthy. Alternatively, even if it drops tenfold, there is still a high price and profit.