The prosperity of all the altcoins during the previous bull market was actually just an overflow effect driven by Bitcoin's rise.

Then many people will forcefully find reasons to say that various hot topics have fundamental demand.
In reality, there isn't much real demand; it's all just self-deception.
Old-timers tacitly boost each other to hype up new investors and make them buy in.
Back in the ICO, DeFi, and NFT days, then to the Bitcoin ecosystem, inscriptions, and more recently the meme craze over the past two years, it's all the same.
Project teams had already swapped their chips for U or Bitcoin, secretly laughing behind the scenes: a bunch of fools, chives, actually believing in the value of air. 🤪🤪🤪🤪 $btc
In the past two years, retail investors have also become wiser, leading to a situation where no one is willing to take the other’s hand.