Looking back on this year, it’s hard to say it was a complete failure or a big harvest. People holding mainstream coins—especially those who bought and held BTC and BNB—generally had a pretty good experience. But from another perspective, friends holding altcoins mostly had a tough time; the market performance was indeed a bit disappointing.

Regarding whether the altcoin season will return, honestly, it’s now very unlikely to see the kind of full-scale breakout we once experienced. The reason is quite simple: there are too many coins. Behind each coin, there are different teams, organizations, or companies, and their operational methods are entirely up to them. This means the performance differences between individual coins are becoming more pronounced, making it difficult to form a comprehensive rotation effect.

However, established altcoins like LTC and DOGE should still have room for survival—they have historical accumulation and a community foundation. At the same time, the ETH path might still be worth paying attention to—if future ecological innovations continue to be tested here by 毛哥, then there’s room for imagination. Overall, this year has made one thing clear: the era of blindly copying altcoins is over; choosing the right direction and the right track is the true way.