Bitfinex analysts suggest an "Altcoin Season" might be premature. Their recent analysis points to a significant hurdle: the lack of sustained capital rotation and robust, structural demand within the altcoin market. While altcoins experienced a surge in search volume in July, even surpassing Bitcoin for the first time since November 2024, the analysts caution against interpreting this as a definitive sign of a prolonged altcoin rally. The core issue remains the absence of consistent capital flowing into altcoins and a fundamental, underlying demand driving long-term growth. Without these crucial elements, any upward price movements in altcoins are predicted to be fleeting and highly susceptible to broader market corrections. Investors should exercise caution and conduct thorough research before allocating capital to altcoins, considering the potential for rapid reversals if the overall market sentiment shifts negatively. ```

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