Liquidity; a U.S. T-bill pays 5 % risk-free; to drag people into an alt-season you need narrative + yield. Right now the first part is ready, the second isn’t.

Manipulation; it’s real, but it’s selective transparency. Anyone parking stop-losses on a centralized exchange is easy prey; move to self-custody, DEX, no leverage, and you strip the “scumbags” of their power.

Dirty game; exists in every market (gold, stocks, crypto). The difference: in crypto you can choose not to play on their field—cold wallet, DEX, no KYC, no market-maker casino.

there’s no free money, but there is migrating money. Protect your stack, wait for the next catalyst (alt ETF, halving narrative, whatever), and you’ll catch the move without becoming the punching bag.