The pattern of each bull market cycle is complex and subtle. Whether there is a counterfeit season or not is of great significance to the market ecology. If the current bull market lacks a knockoff season, the impact will be far-reaching. In the next round of Bitcoin halving, most investors like us will focus on Bitcoin and the mainstream coins that have performed well in this round. After all, in the absence of a knockoff season, the stability and growth potential of these mainstream currencies are more attractive, and they will gradually hoard coins in the long bear market in order to obtain stable returns in the halving market. However, the survival space of altcoins will be severely compressed, making it even more difficult to usher in their own "shanzhai season" in the future. A bottom like OM, which is hundreds of times higher, is something that retail investors cannot obtain. It should be noted that although altcoins have high risks, they can bring vitality and innovation to the market, attracting more investors with different risk preferences to enter. Moreover, altcoins are the source of many investors' first pot of gold and are even more beloved. But if the market blindly tilts towards mainstream currencies, investors will suffer setbacks, and the collapse of faith will be extremely rapid. The market will also lose its richness and diversity, becoming monotonous and fragile.