The Federal Reserve's rounds of easing policies have started to loosen liquidity in the market. In such an environment, small-cap coins often experience astonishing gains—this is what people commonly call the "Shanzhai season."

In the current market, $BTC and $ETH maintain their mainstream narratives, but the real breakout opportunities are often hidden in undervalued projects. Once policy momentum and market sentiment align, there have been cases of multiple folds or even reaching ten thousand times returns.

The challenge is how to identify and seize those opportunities amidst numerous choices. It requires both sound fundamental judgment and a bit of luck. Ecosystem tokens like $BNB can offer relative certainty, but the truly outsized returns often come from earlier-stage, less popular options.

The key is not to go all-in, because the Shanzhai season also amplifies volatility and risks. Your risk tolerance determines how you should participate.