After Trump issued currency, a series of operations directly blew up the trust foundation of altcoins. Now the market basically consists of two types of coins: Bitcoin $BTC and coins that are about to go to zero.

The real issue is that people now view altcoins like they view pyramid schemes, with a preconceived notion that they are all scam projects. This psychological trauma is difficult to heal in the short term, unless there is a truly revolutionary technological breakthrough.

However, this is not entirely a bad thing. The market needs this kind of cleansing to eliminate those garbage projects that rely on speculation and marketing packaging. Those that survive will either be truly valuable or have strong backing from major players.

Now is the era of Bitcoin standing out alone, while others are just accompanying the prince in study. Unless you have insider information, trying to turn a profit on altcoins is just pure gambling.