Seeing the recent $LIGHT market trend, some people have indeed made profits, but the underlying logic is worth reflecting on. The biggest problem with chasing high-altitude altcoins is not the market makers accumulating positions, but the inherent fragility of these projects—once the hype subsides, the speed of capital withdrawal can catch you off guard.

Taking $LIGHT and $RIVER as examples, their recent performance clearly illustrates the issue. Retail investors who bought in early often only see the price increase data, ignoring a fundamental fact: the value support for these altcoins is inherently weak. Without real application scenarios or sustained ecosystem development, these coins tend to follow the same ultimate path.

There have been many cases in the market where seemingly hot altcoins, after a round of hype, quickly fall into a downward spiral. The situation with $RIVER seems to have already shown signs; at the current pace, a significant correction may occur in about two days.

A truly smart trading strategy should be: stay cautious of such projects, reduce positions when prices rise rather than blindly adding. The high returns of altcoins come with high risks, and greed often causes traders to give back all their previous profits. In the long run, investing in coins with poor fundamentals is like building a house on the sand—inevitably, it will collapse.