#美联储重启降息步伐 Altcoin purge, most people haven't realized it yet

To be honest, a lot of the currently hyped "potential coins" and "100x coins" will probably disappear from the market completely by this time next year. Not just dropping by half—they’ll be wiped out entirely.

There are about 880 days left until the next Bitcoin halving, and we’re stuck at the cycle’s lowest point. Look at history: in 2013, 2017, and 2021, this timeframe marked the darkest bottom of bear markets. But this cycle is even harsher—major coins like $BTC spot and $ETH spot have ETFs as a safety net. What about altcoins? No one can even say where the bottom is.

The power structure of the market has changed completely. It used to be that project teams called the shots, but now exchanges directly control both the primary and secondary markets, with project teams reduced to mere workers. They have neither the funds nor the motivation to support their token prices. Lately, a bunch of altcoin teams have even been offloading at low prices—selling at 40% or 60% of the original price. Even insiders are dumping their tokens—what kind of future can you expect for these coins?

What’s worse is what market makers are doing behind the scenes: they’re accumulating tokens on one hand, and shorting them through derivatives on the other. The entire altcoin sector is being systematically liquidated, and any so-called rebound is just an opportunity for these players to exit.

Going forward, only two types of coins will survive: top-tier coins backed by ETFs, and ecosystem coins tightly linked to exchanges. The rest? Forget it. The old logic of “hold altcoins long-term for a comeback” is outdated. Now it’s all about capital games—coins without resources or connections can’t survive.

There might be a short squeeze rally in November or December, but after that, altcoins will truly reveal the brutal reality. Want to make stable profits? Focus on major coins and exchange ecosystem coins—don’t blindly chase altcoins. The people who survive and profit are always the ones who spot the trend before making a move.