At 2 AM, I was awakened by a friend's WeChat: "Bro, $STO has risen 43%, what should I do?" I rolled my eyes; isn't this the classic "fear of missing out"?
I took a glance at today's gainers and losers list, and coins like $STO, $NOM, and $SENT are performing one after another, just like internet celebrities in nightclubs—who would have thought that the hottest tonight isn't $BTC (+0.8%), but these little-known coins that usually get no attention?
To be honest, the surge of altcoins is like trendy small products at a rural night market: selling like crazy today, but they could be everywhere tomorrow. The 43% rise of $STO looks tempting, but do you even know what it does? Or do you just want to jump in because you see green?
[From a technical perspective] this wave of altcoin market has a characteristic: the trading volume isn't that large; $STO is only 11M, $NOM is 20M. A true main wave should be accompanied by volume, but now it feels more like funds are playing "hot potato" in a small pool.
And look, $SOL is still falling (-0.5%), and $SUI is also adjusting (-2.3%). When mainstream altcoins are out of action, and a small coin suddenly surges, what does that usually mean? Either the whales are washing the market, or it's the last frenzy of retail FOMO emotions.
My advice? If you didn't get in at the bottom, chasing high now is like trying to pursue a drunken girl at a nightclub—very low success rate and extremely high risk.
Better to wait and see; the real altcoin season should start with the big brothers like $ETH, $BNB, and $SOL rising first, then the little brothers follow. This kind of "inverted" market is mostly an illusion.
NFA, for reference only, investing carries risks.
❓ Do you think this wave of altcoin surge is the real deal or an illusion? If bullish, press 1; if bearish, press 2.
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