I just talked with a friend about why many altcoins didn't rise alongside the recent surge of Ethereum. In the past, every cycle would see movement, but this time we didn't see the kind of comprehensive crazy rise or sector rotation typical of traditional altcoin seasons.

Personally, I believe that it's not that there isn't money in the crypto space (just look at the issuance of stablecoins to know that) but that the driving force behind this round of altcoin leader $ETH's breakthrough comes from traditional financial markets, making it unlikely for a large-scale spillover effect to drive up other altcoins.

Moreover, retail investors have become more savvy; if the project team doesn't have real money to back it up, and the story isn't compelling enough, they'd rather miss out than jump in.

So currently, the Binance gainers list is filled with coins that have good chip structures and are willing to actively market. The principle of traditional sector-wide rises has already expired.

Especially in the contract gainers list, it is even more of a gambler's paradise. With the increase in the number of small coin contracts on Binance, the effect of getting rich quickly from single points far exceeds that of spot trading, capturing the attention of many retail investors looking to make a small fortune.

With small coin contracts and meme tokens as the two major weapons, unless we see another large influx of capital like in 2021, I don't hold much hope for a general altcoin season.

In-depth research on a few small coins or emerging narratives, getting positioned early and steadily holding onto trend-leading larger coins, is the solution I've chosen for this cycle.