If you want to make money in the secondary market, you first need to understand the underlying logic of this cycle.
In this round of market, the rise of the main index is mainly driven by ETFs, and it may only be ETFs that are driving it.
The funds behind ETFs are essentially the 'lazy money' from traditional finance – they currently only want to buy Bitcoin, and at most, they might dabble in Ethereum ETFs next.
These funds have no interest at all in any L1/L2, AI, DePIN, or GameFi projects you hold, and they do not understand them at all.
This massive amount of capital is now concentrated only in top assets, becoming a super large reservoir, but it will not spill over into all altcoins like before.
Moreover, within the crypto circle, various L2s, high-performance L1s, and modular systems have created a bunch of independent ecosystems and liquidity pools. Now, almost every chain relies on MEME to attract users.
Stop dreaming about the old logic of just holding and waiting for altcoin seasons to surge. The future of altcoin markets will only be short-lived, violent, and narrative-driven 'ecological markets.' When a certain narrative reaches its peak, one must decisively sell, even if it continues to rise afterwards.
Converting profits into stablecoins or $BTC, and then looking for the next battlefield that is just starting to heat up, is the right approach.
