A recent industry AMA featured the founder of a certain exchange, and some of their viewpoints are quite interesting. Here, I’ve summarized the main opinions.

**New Variables in Bitcoin’s Price Movement**

Traditionally, Bitcoin’s price trend follows a four-year cycle, but this time it might be different. With US policies becoming more crypto-friendly and the election cycle boosting the stock market, these factors could break the traditional four-year pattern and lead to a stronger upward cycle.

Most industry insiders are optimistic about Bitcoin’s long-term prospects. Some believe reaching $200,000 is inevitable; the only question is when. However, no one can predict exactly when it will hit that level—markets always love to surprise.

**Why Altcoins Still Have a Chance**

Regarding the outlook for altcoins, many seasoned investors are somewhat pessimistic. But from a technical perspective, altcoins are unlikely to disappear completely. While Bitcoin’s role as a store of value remains unshaken, it has its issues—high transaction fees and limited programmability. This leaves room for other public chains and projects to survive. Different blockchains have their own features and can serve various scenarios. This diversification makes the ecosystem more vibrant.

**Meme Coins: Sounds Hot, Risks Are Higher**

Recently, the Meme coin sector has been extremely hot, but it’s important to clarify the risks. In reality, most Meme coins end in failure, with success rates possibly below 10%. Only a few projects like Doge and SHIB have managed to survive and maintain value.

The most dangerous habit is blindly following certain KOLs’ tweets—buying whatever coins they mention. This herd mentality is irrational and inefficient. As the market matures, professional quantitative teams using algorithms can outperform retail investors by a wide margin. Retail players doing this are essentially just giving away money.

**Overall Feelings**

The crypto market is indeed changing, but there are patterns within the change. Don’t get carried away by Meme coin hype; the real opportunities lie in understanding the fundamentals.