The downfall of KDA is a vivid reflection of the brutal reshuffling logic in the current altcoin market. Some projects that do not create actual value are difficult to sustain, and as time passes, more similar projects will collapse in the future. The future altcoin market will only see the strong getting stronger and the weak being eliminated. We should focus our energy on projects that inherently possess value creation. Considering the external funding environment and the internal project value, I personally favor the current altcoin AI + Web3 smart infrastructure (WLD, TAO), L2 / Roll-up + cross-chain infrastructure (OP, ARB), and public chains (NEAR, SOL) among other sectors. These can serve as the main focus, with appropriate allocation to some sentiment rebound-type MEME assets, suitable for short-term quick entries and exits, with small positions and strict stop-losses, as the long-term holding risk is high.