#美联储降息 Many beginners entering the market are eager to get rich overnight, blindly hoping to find the next 100x coin. But I have seen people who truly make money—they never just focus on price movements, but rather delve into the fundamental logic behind support levels and price increases.

To determine whether a project can sustain long-term growth, the core factors are these two points.

**First, is the backing capital genuine and reliable?**

The rise and fall of a coin’s price is fundamentally a game of capital. Those who can move the market—the main players—whether institutional investors, early-stage capital, or the project team itself—are not only well-funded but also understand the market rhythm and internal information. When these players keep adding to their positions, maintain liquidity, and defend key price levels, it’s a strong indicator of value. Retail investors’ money? That’s too scattered to form a collective force. Projects without main supporter backing, even if they have some relay investors, will find it hard to sustain a continuous upward trend.

**Second, can the community ecosystem sustain self-reinforcement?**

This isn’t about spamming hype, but whether the project can maintain long-term attractiveness and consensus. An active community, frequent updates, a clear narrative—these are like sequels to a good show, continuously attracting viewers and bringing in new funds. Conversely, projects with no discussion, no story to tell—even if they are pumped up short-term—are prone to falling sharply.

Coins with real potential often possess both: backing by capital + sustainable community vitality. Conversely, projects that rely solely on emotional hype, lack storytelling, and are unattended often crash dramatically after a short-term surge. blindly chasing gains is very risky.

Looking at the longer term, paying attention to capital movements and ecosystem development is always more reliable than just looking at K-line charts. The policies of the Federal Reserve and macroeconomic environment also influence market rhythm, but you need to learn how to filter out the truly vital projects from these variables.

In the current market, $ETH , $BNB , $MERL and other coins each have their own stories. Observing their capital flows and community temperature is much smarter than blindly following the trend.