In the crypto market, the call for a "altcoin season" should be approached with caution.
After a prolonged slump, even if some investors' altcoins barely break even, it’s hard to mask their unease, let alone confidently declare the arrival of a bull market.
The market often says, "Timing is more important than the timing of entry, and it's better to exit quickly if the timing is right," which perfectly reflects the current state of investors.
Looking back, many people once followed the trend and entered during the "altcoin season" frenzy, but now there is still a huge gap for their tokens to recover — some coins need to rise another 400% to break even.
Interestingly, when Ethereum broke the $2200 mark, the level of excitement in the market even surpassed the moment it historically touched $4000, indicating investors' urgent expectations and complex mindset regarding the market recovery.
