The cryptocurrency market is significantly polarized, with Bitcoin repeatedly hitting new highs, while altcoins exhibit cyclical fluctuations: In the past two years, altcoins have experienced a surge period lasting 1-3 months each year, with some coins achieving 4-5 times returns, only to then fall into a prolonged deep correction lasting up to six months.

In the first half of 2025, altcoins are consolidating and bottoming out. The low point on April 7 was not broken during the June correction, completing a second confirmation; in July, small-cap coins rose by 5%-10%, indicating a strong signal of capital inflow, with a new wave of market activity on the horizon.

It is important to note that this year, the altcoin cycle has shortened and volatility has increased. While there is still excess return potential, the myths of 100-fold or 1,000-fold gains are unlikely to return; investors need to assess rationally and carefully plan their strategies. #币圈