According to CoinMeta, CryptoMichNL indicates that, exactly 40 years after Black Monday, the entire market priced in another collapse over the weekend, but on Monday, almost nothing happened. He pointed out that the gap between market panic and reality is worth noting. In his new video, he analyzed why this correction was normal and identified four narratives he believes will determine the future direction of altcoins: AI related to crypto, the proxy economy, the Ethereum ecosystem, and real assets. He also explained why it’s not necessary to pursue a perfect solution; mastering a few correct themes is better than chasing every single coin, as well as how to determine which narratives currently have momentum and which are still waiting for their opportunity.