On February 1, 2026, at the request of Iron Fans, a simple analysis of the copycat projects...

The copycat season in 2021 was in April-May. By the end of 2024, as mainstream Bitcoin entered a bull market, many altcoins rebounded. I emphasized at that time that there would be no more copycat seasons, and as the rebound continued, projects would gradually exit. I used FIL and DOT as examples.

In 2025, I emphasized for a whole year that there would be no copycat season. However, many still hoped for an explosion in October, as everyone saw the results.

The copycat season I refer to is overall, not individual projects. Some new projects will definitely surge and then be harvested. A single bloom is not spring; a hundred flowers blooming is spring!

This week, the sharpest decline was in Yitai, without exception! Most altcoins retraced 50%-70% from their 2025 highs. Such terrifying numbers—only by looking at your own accounts can you truly feel the pain.

At least 80% of the market participants hold altcoins. Some are purely investing, some are speculating. As a result, they end up losing everything after a failed gamble!

This week, altcoins collectively fell so hard that even their parents wouldn’t recognize them. Hmm… what will happen next? Look at the old projects like FIL and DOT, which are close to $1. They can’t fall anymore. Do you know what that means? Even the leading projects like Yitai SOL and Longtou have fallen so deeply...

You must believe that time will change everything. Good projects will eliminate bad projects. Brothers and sisters, how are the altcoins in your hands? $BTC