Ansem: Strong altcoins will keep emerging during a bull market, so investors should continuously seek excess return opportunities.

Crypto trader Ansem wrote that constantly monitoring the market and judging price trends based on 15-minute K-lines tends to lead to overtrading. Investors should manage separate accounts for spot trading, perpetual contracts, and high-risk on-chain transactions, and avoid attempting to catch every local top and bottom, as this can erode long-term investment returns. Rather than trading frequently, study past bull markets to observe how long uptrends typically persist. Altcoin rally cycles are usually faster, often outperforming the market for 4 to 6 months before new market leaders emerge—especially after a market cap increase of over 10x. However, this cycle may have a few exceptions: some altcoins will see significant revenue growth alongside price gains, so their fundamentals may improve in parallel. In prior cycles, altcoins mostly peaked due to shifting market attention and fading momentum, but this time, if projects post substantial improvements in metrics like revenue, institutional funds may continue buying actively, and investors need to adjust their existing judgments promptly based on new information. In the last cycle, Bitcoin bottomed in January 2023 and peaked in October 2025, with its uptrend lasting roughly 33 months. If this cycle bottomed in July, it is only in its 4th month currently. He notes that longer-term bull markets will see multiple "mini bull runs" led by specific altcoins, and investors need to identify these period-specific strong assets, reinvest profits into high-performing targets, and gradually convert short-term winners into long-term investments.