#数字资产市场洞察 Recently asked about an old topic—why is it now so rare to find opportunities to scoop up small-cap coins? The answer is quite straightforward: market gameplay has changed, and risks are now more concealed.

Take a close look at the current altcoin ecosystem, and you'll understand. These projects no longer have as much funding as before. The hype of 10x or 100x gains—are retail investors really getting in at the bottom and catching the gains? Honestly, that's a rare occurrence.

The core issue still boils down to the chip structure. In the early stages, project teams aggressively accumulate chips, holding over 90% of the tokens, with full control. The manipulation tactics aren't complicated—push the price to a relatively high level, and retail investors rush in to buy. But there's a key turning point: they don't necessarily have to crash the coin into a cliff-like decline. Smarter strategies involve oscillating the price repeatedly after going up. The price swings within a range, retail investors get repeatedly squeezed in these unpredictable fluctuations, transaction fees flow out one after another, and eventually, their accounts are drained.

So now, the idea is: instead of wasting effort chasing small coins with extremely high risk, it's better to focus your bullets on $BTC and other leading mainstream coins. The crypto market is so competitive that retail investors already have a tough time; there's no need to deliberately walk into others' traps every time. Steadily accumulating top assets will help you survive longer.