Is there still an altcoin season in this crypto bull market rotation？？？
First, let’s talk about the basic logic. The biggest characteristic of the crypto market is that its capital sources are wide enough. As long as there is new “money-making” momentum, capital from other markets can flow here as well—AI money too. Because the crypto market is a global capital and retail-participation market where anyone can freely join, it can absorb capital from around the world.
Then let’s talk about altcoins. A lot of people now think altcoins are just garbage coins, but I don’t think you can simply summarize altcoins and memes with the word “garbage.”
In the past two bull cycles—say 2021’s ride to the peak and 2017’s super bull market—the real reason the market sentiment was pushed to the top, attracting a large number of newcomers from outside the market, had never been just BTC.
In 2017 there was ICO; in 2021 there was IDO, IEO, and SHO. Everywhere in the market there were stories of 10x, 20x, even 100x gains. Why was “hot money” willing to come in? At the end of the day, it’s because there were sufficiently high return expectations here.
When capital comes, project teams can raise funds. After fundraising, they keep developing, expanding, and telling new stories—then they attract the next round of capital again.
That’s the true positive feedback loop of a crypto bull market.
One key reason people felt the last bull market was so important was that it lacked a strong enough primary market and a strong altcoin narrative.
Right now, in the current macro environment, the U.S. Treasury market needs continued financing, and the demand for stablecoins will become increasingly important. In essence, stablecoins, RWA, and on-chain securities are all paving the way for traditional capital to enter the chain.
That’s also why, in this cycle, I have clearly increased the positions of $ETH 、$CRCLB 、$COIN 、HOOD 、UNI.
The underlying logic is very simple: ETH is the blockchain infrastructure. CRCL is a U.S.-compliant stablecoin and also a source of capital inflow. COINBASE is a U.S.-compliant platform, serving as the container for capital and liquidity flow. HOOD doesn’t have a U.S.-stock-listing on-chain platform to carry it. UNI handles U.S. stock on-chain transactions and occupies a leading share of the market. For these projects, even looking at today’s prices, there is at least 5 to 10 times the upside potential.
First, let’s talk about the basic logic. The biggest characteristic of the crypto market is that its capital sources are wide enough. As long as there is new “money-making” momentum, capital from other markets can flow here as well—AI money too. Because the crypto market is a global capital and retail-participation market where anyone can freely join, it can absorb capital from around the world.
Then let’s talk about altcoins. A lot of people now think altcoins are just garbage coins, but I don’t think you can simply summarize altcoins and memes with the word “garbage.”
In the past two bull cycles—say 2021’s ride to the peak and 2017’s super bull market—the real reason the market sentiment was pushed to the top, attracting a large number of newcomers from outside the market, had never been just BTC.
In 2017 there was ICO; in 2021 there was IDO, IEO, and SHO. Everywhere in the market there were stories of 10x, 20x, even 100x gains. Why was “hot money” willing to come in? At the end of the day, it’s because there were sufficiently high return expectations here.
When capital comes, project teams can raise funds. After fundraising, they keep developing, expanding, and telling new stories—then they attract the next round of capital again.
That’s the true positive feedback loop of a crypto bull market.
One key reason people felt the last bull market was so important was that it lacked a strong enough primary market and a strong altcoin narrative.
Right now, in the current macro environment, the U.S. Treasury market needs continued financing, and the demand for stablecoins will become increasingly important. In essence, stablecoins, RWA, and on-chain securities are all paving the way for traditional capital to enter the chain.
That’s also why, in this cycle, I have clearly increased the positions of $ETH 、$CRCLB 、$COIN 、HOOD 、UNI.
The underlying logic is very simple: ETH is the blockchain infrastructure. CRCL is a U.S.-compliant stablecoin and also a source of capital inflow. COINBASE is a U.S.-compliant platform, serving as the container for capital and liquidity flow. HOOD doesn’t have a U.S.-stock-listing on-chain platform to carry it. UNI handles U.S. stock on-chain transactions and occupies a leading share of the market. For these projects, even looking at today’s prices, there is at least 5 to 10 times the upside potential.
