The current environment in the cryptocurrency space is that the BSC chain is chaotic with no real effects coming out, the SOL chain has many results but most of them also do not yield corresponding effects. Many aspects that were considered godly last year are now just a rhythm. The ETH chain is relatively stable, but if Ethereum dips slightly, everything returns to square one. This is the current situation on the chains, like Bonk, Wif, and Pnut, which when they first emerged could create secondary profit effects.

Currently, the market environment does not exhibit this phenomenon; short-term fluctuations are primarily of concern to contract players. Some altcoins pull a few points but do not follow through, and those that do follow tend to drop back to their original points the next day, creating such a dilemma.

Many retail investors are gradually shifting from secondary to primary trading, but they are slowly realizing that the rate of loss in primary trading is comparable to riding a high-speed train, while secondary trading feels more like a roller coaster. Many retail investors in secondary trading are now stuck with losses of 50% to 30%, and they are losing interest in trading.

At this time, it’s advisable to slow down, reduce trading frequency, and don’t assume that just because some points were pulled today, it will lead to an independent market trend. Markets that move unilaterally never do so without signs; several historical signal points can still be referenced.

There are no interest rate cuts and no favorable news for the altcoin market, so hot money cannot flow in quickly. Don’t be disappointed with the market; instead, adapt to it.