More than 90% of crypto assets are fundamentally driven by speculation, but pure speculation is not a perpetual motion machine. When market participants lose interest or are unable to sustain profits, speculative demand will diminish.

Author: @0xkyle

Compiled by: AididiaoJP, Foresight News

As a trader, the core objective has always been to seek investment opportunities with high conviction and asymmetric return potential. I am passionate about uncovering such high-risk-to-reward trades, like Solana at $20, Node Monkes at 0.1 BTC (which later surged to 0.9 BTC), Zerebro at a $20 million market cap, and so on.

However, such asymmetric opportunities are increasingly scarce today. There are many reasons, all of which together form a large and…