Unlike Bitcoin's continuous innovation highs, altcoins show characteristics of a 'phased market': In the past two years, there have been explosive periods lasting 1-3 months each year, during which some coins can rise by 4-5 times, but are often followed by about half a year of adjustments.

After experiencing a tumultuous decline in the first half of 2025, the bottom for altcoins has basically been confirmed:

1. The low formed on April 7 was not broken during the June pullback, completing a secondary confirmation.

2. Since July, small coins have stopped falling and started to rise, with a general increase of 5%-10%, indicating that funds are beginning to flow back.

It is worth noting that since 2025, the cycle of altcoin markets has shortened and volatility has intensified. However, this does not mean that opportunities have disappeared — compared to traditional financial industries, altcoins still have excess return potential, although the opportunities for hundredfold or thousandfold profits will be significantly reduced. $BTC #BTC再创新高