The recent surge in altcoins has indeed been explosive, but what is hidden behind this wave of enthusiasm?

Just look at the leading sectors—long-established projects like public chains and infrastructure are turning red again, even coins like FIL, which were once highly controversial, are regaining attention. This phenomenon itself is worth pondering.
Market interpretations of this rally are quite divided. Some believe this is the last window for the whales to unload and run; others insist that this is the main force's attempt to push prices up, trying to harvest another wave in Q4. Both viewpoints have their arguments, but regardless of who is right or wrong, the outcome points in the same direction—this is a capital self-rescue performance, and it’s happening quite intensely.
Essentially, this is a confrontation between "altcoins and Bitcoin." Bitcoin has been sideways for a long time, and the whales are unwilling to sit and wait, choosing instead to take proactive action. Bitcoin pretends to sleep, while altcoins take turns to stage their performances. A single bullish candle can ignite market sentiment; even if this enthusiasm is partly false, it’s enough to dazzle people.
But you need to see through the tricks involved—what is called prosperity is mostly artificially manufactured. The whales know very well that the capital cannot support a full-blown bull market; the only way is to create hot spots and hype up emotions to harvest profits. When you see altcoins collectively catching up and different sectors taking turns performing, congratulations—this usually means the sentiment has peaked, and risks are coming along with it.
What is the most probable future trend? Bitcoin continues to grind and wear down your patience, while altcoins jump around and put on their final show. The seemingly vibrant prosperity is actually the last carnival before the end.
Remember this— the more lively the market, the closer the danger. Don’t let this fireworks-like rally burn through your principal.