From the ups and downs of FIL and the once glorious altcoins, it is evident that the current development trend of the cryptocurrency market has matured from the past 'grass snake' era, transitioning from entirely air coins to anchored underlying assets. This trend will be a positive reflection of asset securitization, securities digitization, and digital currency assetization. Essentially, digital currency is a financial asset, and this trend will not change based on individual will.
In this round, the altcoins have no market, and many say it is due to no interest rate cuts and no liquidity injection. Then why does Bitcoin have a bull market? Essentially, the altcoins lack value anchoring and are merely a game for the issuers. In the future, the profit-making effect will continue to diminish, and the difficulty of operations will increase. It would be better to let go of these fatal obsessions.
