2026-01-15 13:01:22

Recently, it has been difficult to find opportunities with returns above 5x. The Alpha effect is clearly waning, and the window for high-yield arbitrage and speculation is narrowing. The current market is mainly driven by incremental capital, lacking genuine fundamental support. The sustainability of such a market is concerning.

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BlockchainBard

· 4h ago

Just saying, the current market smell doesn't feel right, it seems like everyone is betting on growth, what about the fundamentals? Five times gone, so let's look for three times, anyway I still have to stay alive. That's right, the arbitrage window is closed, but this is just the cycle, endure if you have to. Alpha decay = entering the reshuffle period, it's time for the weak to exit. The thing about piling up incremental funds, maybe only two more months of support, then it will be about who really has something. Sustainability? Bro, this isn't a financial issue, it's a confidence issue. Feels like we're back to the end of 2021, with excessive hype and no solid support.

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ChainSauceMaster

· 14h ago

Relying on stacking funds can't last long; it will eventually collapse. It's high time to wake up.

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ValidatorViking

· 23h ago

nah, this tracks. been watching the consensus finality metrics tank for months now—no real yield generation, just capital rotation theater. when you're chasing alpha in a market running on pure fomo inflows, your slashing risk goes up exponentially. that's not a trade, that's a liability waiting to happen.

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ser_we_are_early

· 01-15 13:28

Honestly, this market is just hot air, with nothing real behind it. 5x? That's difficult. Now it takes a long time to even reach 2x. The influx of capital piling up is a key point. Without fundamental support, it will eventually collapse. It's a hype market, not much to watch. Alpha is indeed gone; everyone is just leveraging up. This wave of the market should have adjusted earlier.

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Anon4461

· 01-15 13:24

It's just a stacking game; once the incremental growth stops, the truth will be exposed.

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BearHugger

· 01-15 13:22

The market is getting worse and worse, with no real support, just pure hype and speculation. --- 5x? Dream on. It's good enough if I can just break even now. --- That's right, once the incremental funds are exhausted, it's all over. Just wait for the dump. --- Alpha decay is inevitable. As the market matures, there are fewer opportunities. --- There's really nothing good to copy this time. Just wait for the next cycle. --- What about the fundamentals? There are no fundamentals at all, it's all just a game of funds. --- Seeing it so clearly makes me afraid to act, feeling like I might fall into a trap. --- I no longer expect 5x. Right now, I just want to avoid losses.

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SigmaBrain

· 01-15 13:12

5x? That opportunity has long been gone, now it's just a survival game. --- The bubble built up by incremental funds will burst sooner or later. This wave of market is indeed虚. --- Without any fundamentals driving it, relying solely on retail investors to take the bait. I really can't hold on. --- Alpha is dead. Now it's just about betting right or wrong, there's no skill involved anymore. --- The arbitrage window is so narrow that it's not worth it; better to just hold and wait. --- You're so right. The current market is just a game of hot potato; whoever ends up holding the bag is doomed. --- No more incremental funds, just transfer of existing capital. This isn't recession, it's death.

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TommyTeacher

· 01-15 13:10

It's peaked, the days of easy passive income are gone. --- Incremental funds piling into the market—this routine we've seen many times, it will collapse sooner or later. --- Alpha is really dead; now it's all a psychological game. --- 5x? Bro, you're still dreaming. Now breaking even is considered a win. --- Unsubstantiated price increases are indeed虚, a correction is bound to happen sooner or later. --- To put it bluntly, it's a gamble on the relay baton, with risks as high as a horse. --- Isn't the narrowing window a sign of a correction? Why are you still flailing inside? --- It's very real; now it's all short-term funds trading. Who dares to hold long-term? --- All relying on new retail investors to pile up numbers—that's the final madness.

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ForumLurker

· 01-15 13:06

The market is so bad, only those who can still mine alpha are truly impressive.

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