Crypto in 2026 is a different game Alt season is gone Too many tokens, not enough buyers The old playbook is broken Buy dips → ATH was never guaranteed this cycle Everything moves together DeFi, L2s, AI tokens - one blob, one correlation Market cap is a lie Top 50 is full of ghost projects nobody uses The long tail is a trap High risk, high reward became high risk, certain zero Institutional money went to AI Retail went to options The flows left and took the narrative with them Before October 2024 timing was enough Now you actually have to know how to trade Either we're building a generational bottom Or something permanently changed I don't know which one yet