How can the highly fragmented market survive from diamond hands to daily disposable Meme?

More funds are flowing back and forth within the existing Cryptocurrency field, presenting a state of 'net flatness.' This article is sourced from the article by Route 2 FI and compiled, translated, and written by DeepTech TechFlow. (Background: Review of recent major events in the encryption market: Where is the Bull Market heading?) (Background supplement: Wintermute founder responds to market manipulation: Get Liquidated and don't blame me, just keep believing in conspiracy theories and continue to be poor.) Gm, frens. The encryption market is undergoing seismic changes, and we must adjust our strategies and tactics because the previously effective methods are no longer applicable. The traditional 'buy and hold (HODL)' strategy is gradually losing its effectiveness. With market volatility intensifying and new projects emerging constantly, the belief in long-term holdings becomes more fragile. Today, the survival rule of the market is flexible trading, constantly adjusting holdings, and seeking opportunities in a decentralized and uncertain environment. Whether you can successfully adapt to this new situation will determine whether you survive or get eliminated by the market. Let's delve into whether there is still a glimmer of hope in such a market. Altcoin Casino: How to find a way to survive in the fragmented Cryptocurrency market For those who have only entered the encryption market in the past year to a year and a half, this market is undergoing a profound transformation. The 'shortcut' that once easily made profits through centralized exchanges has become increasingly complex. The market now operates more like a casino than a traditional trading market, requiring investors to have unprecedented flexibility and sharpness. The traditional 'buy and hold' strategy, although effective in the early cycles, is no longer applicable. The holding period is getting shorter and shorter, from weeks to even days (remember those old players telling us to buy AltCoin at low prices and wait for the peak to sell?). Behind this change is the continuous emergence of new coins and projects. Each new project is competing for market attention and funds, constantly challenging the position of existing projects. Even some traditionally positive events may bring unexpected consequences. For example, Trump has launched a highly anticipated Meme, which may attract a large number of new users into the encryption market but may also lead to a big dump in the value of many AltCoins. Typically, beneficiaries are limited to BTC (BTC), Solana (SOL), and related Meme coins. Many investors have learned a painful lesson — without Heavy Position in BTC and SOL in their portfolios, they may suffer huge losses. A similar situation occurred with the release of Berachain, which attracted a lot of followers and funds but had an impact on the Abstract ecosystem. In such a dynamic and unpredictable market, the wisest approach is to accept volatility as the norm and recognize that with the continuous emergence of new coins, chains, and projects, this volatility may further intensify. Therefore, many investors are readjusting their strategies, increasing the proportion of BTC and Stable Coin holdings while significantly reducing their long-term positions in AltCoins. The market's focus has also shifted from 'long-term investment' in AltCoins to 'tactical trading' for the short term. The goal is to avoid becoming the 'last believers' of failed projects, watching their value plummet to zero. In the final stage of the current cycle, buying coins other than BTC based on long-term investment logic may not yield ideal risk-return ratios. Although AltCoins may be approaching their bottom, the likelihood that most coins, Non-fungible Tokens, or ecosystems will simultaneously hit new highs is decreasing. New coins are launched every day, diluting market attention and funds, making it increasingly difficult for existing projects to rise again. The current Cryptocurrency cycle is full of unprecedented challenges because the market is pervaded with a stronger sense of uncertainty than ever before. This uncertainty mainly stems from the fact that even popular AltCoins, after experiencing sharp declines, may not have enough confidence to confirm their Rebound. Looking back at the cycles of 2017 and 2021, investors were usually confident in buying AltCoins during the bear market, as long as these projects' Market Cap (mcap) was relatively low (usually below $100 million). The common belief at that time was that these coins would recover their value during the cycle, at least not completely silent in this cycle. Projects that gained early market follow often maintained their popularity and market position until the end of the cycle. However, this cycle is completely different (yes, it is indeed so). The market is filled with various narratives and sub-narratives, each vying for investors' attention, but these attentions often pass quickly. Investors are now more cautious about 'catching the bottom' because an entire narrative of a coin may collapse at any time, making the investment worthless. Unlike previous cycles centered on a single storyline, the current market presents multiple narrative-driven small cycles, each with its own peaks and valleys. BTC (BTC) and Solana (SOL) are generally considered relatively safe choices that may ultimately recover their value, but for investors seeking high multiple rises, their potential returns may not be attractive (after all, BTC has already risen 6 times from the bottom, while SOL has risen 20 times). The issue is whether funds should be invested in areas like AI Cryptocurrency. Although these areas have recently been heavily followed, they have plummeted significantly from their historical highs, and there are no clear signs that they will return to their peaks. The highly fragmented market makes it difficult for investors to accurately identify and capture emerging trends. Cryptocurrency has been a speculative market since its inception, although past cycles have tried to legitimize it by emphasizing 'peer-reviewed Blockchain technology,' 'solid fundamentals,' and 'real-world applications.' However, this cycle seems to have abandoned this disguise, instead accepting a more realistic view: everything depends on how to attract and retain market attention. This trend has significantly shortened the attention cycles of investors in the market. The 'Bull Market cycle' that used to last one to two years is now compressed into just a few months, weeks, or even days. The current market seems to be experiencing a Meme supercycle (or has this cycle ended?). However, even the most popular Memes have experienced significant declines from their peaks, making the rationality of investing in them more questionable. In the current encryption market, investors face a higher risk of 'dumb buying' than ever before. In past cycles, when coins experienced similar declines, investors usually saw them as opportunities to catch the bottom because the possibility of these coins rebounding was almost indisputable. However, the issue now is whether these coins can regain the market follow they once had. The current market tends to support leading coins rather than projects that lag behind, even if some projects have strong fundamentals, it is difficult to garner favor without market heat. Although Meme coins and AI projects perform well in the current market, investors remain cautious about these trends because the shift in market follow points is often rapid and unpredictable. This widespread uncertainty stems from the overwhelming number of choices investors face in the encryption market, where thousands of coins and projects compete for attention, making it difficult for investors to judge...