Market conditions have reached this stage, and many people are still clinging to old theories—waiting for Bitcoin to retrace, hoping for a seasonal altcoin explosion. But if you truly understand the changes in this cycle, you'll realize the situation has completely transformed.

The once-classic rotation pattern of "Bitcoin rises → Ethereum rises → Altcoin rotation" is now basically invalid. Instead, there's a harsher reality: capital is fragmented, making a complete relay rally almost impossible. You'll see Meme ecosystems wildly pumping while VC-backed projects keep crashing; during Bitcoin's bloodsucking phase, the entire market sinks into despair. This isn't a normal bear market correction; it's a structural divergence.

Using 2020 thinking to operate in 2025's market is essentially suicide. Market rules have changed, participant mindsets have shifted, but many haven't realized it yet.

What are the truly smart money doing now? They're not waiting for a rebound to a certain height; they're tracking new, story-driven sectors on-chain. Not old-school DeFi, but protocols that can generate cash flow and withstand downturns. They are quietly positioning themselves in leading tokens that are heavily promoted on mainstream exchanges and where whales hold significant positions.

Instead of asking when the market will skyrocket, it's better to ask whether your holdings can withstand further declines. If there's no clear reversal signal this week—such as a key support repeatedly tested and successfully broken, or mainstream coins volume breaking out—consider clearing out weak assets and consolidating your chips into leading tokens with clear main force intentions.

The market owes nothing to anyone. Those still fantasizing about explosive gains often end up hurt the most.