The current altcoin market exhibits strong speculative characteristics, warranting cautious attention from investors. The two crypto assets that have performed the best in the market have seen their open interest significantly exceed their market capitalization, a phenomenon that typically indicates potential high risks.

At the same time, some coins that appear to have good data, such as idol, have a high level of actual risk due to past instances of sharp declines. While these coins can be traded and are particularly suitable for investors seeking significant volatility, caution is required.

For investors who intend to participate in such high-risk markets, it is advisable to closely monitor capital flows. When the open interest of a certain coin starts to decline and there are signs of outflow of major funds, it is likely to indicate that a round of harvesting is about to arrive.

Overall, the altcoin market presents both opportunities and risks. Investors should stay alert, conduct thorough market research and risk assessment. When participating in trading, it is essential to remain vigilant and closely monitor market trends to make informed investment decisions in a timely manner.