The altcoin season will be late, but it won't be absent!

What we need to do now is not to go all in, but to save money and wait for opportunities, to see when Bitcoin will take a break.

Currently, there are over 15,000 altcoins, but there's simply not enough money to go around!

Every day new coins emerge, but the total pool of funds is limited, resulting in each coin receiving less and less money.

It's becoming increasingly difficult to make money from altcoins.

There isn't enough money to go around; good projects can't secure funding, and too many worthless coins are draining resources.

Big institutions are hesitant to invest; in 2022, institutions invested $29.4 billion, but this year it has dropped to $7.1 billion, leaving project teams without even development funds.

Retail investors are not following the trend; the old investors are scared of getting burned and now only dare to buy Bitcoin.

The discussion heat on social platforms is much colder than in 2021; no one is shouting slogans like 'Go Dogecoin!'

So, is there still an opportunity for altcoins...

Yes, but we have to wait! Wait for Bitcoin to rise and then consolidate, and the funds will flow into altcoins.

The current situation is that Bitcoin is still draining resources, and both retail and large funds are focused on it.

With the Federal Reserve raising interest rates and strict regulations, altcoins are hesitant to move.

The overall trend is easy to judge; the hard part is trusting your own judgment!