The recent wave of AI coin market activity overall saw manageable losses. But I have to admit, something was indeed missing from this rally — it lacked the support of a Ponzi mechanism or a flywheel effect, relying purely on market sentiment to sustain it.

This directly leads to a problem: poor sustainability. The gains are rapid, but they also fade quickly.

However, I sincerely look forward to a second wave. If there is really a second wave, it’s most likely that a leading project will go through a long period of sideways consolidation and quiet accumulation before launching an upward attack. Compared to this, a quick rebound is simply a rebound, with limited significance. What I’m optimistic about are breakouts with bottom accumulation, rather than repeated oscillations and turbulence.