To make money from the secondary market, you first need to understand the underlying logic of this cycle
This cycle's market rise is led by ETFs, and it may only be led by ETFs.
The capital introduced by ETFs is the lazy money of TradFi. This money mainly wants to buy Bitcoin right now and may next want to buy Ethereum ETFs.
It knows nothing about your L1/L2/AI/DePIN/GameFi projects and has no interest in them.
This massive capital is isolated in top assets, forming a huge value reservoir, but it will not easily flood the entire altcoin market as it did before.
Within crypto, L2s, high-performance L1s, and various modular solutions have created countless independent ecosystems and liquidity pools, with MEME being the customer acquisition weapon for each L1/L2.
Forget about the previous altcoin season logic that you held onto. In the future, there will only be short, violent, narrative-driven ecological altcoin seasons. When a narrative reaches its peak, sell without hesitation, even if it continues to rise afterward. Then convert the profits into stablecoins or $BTC, and look for the next battlefield that is starting to heat up.
