Talk about my own insights and understanding of the altcoin season, and why the current market is simply not excited.

The reason is that BTC is fundamentally different from other altcoins; BTC has already broken its all-time high while other altcoins are still lying flat on the weekly charts. Moreover, BTC has only risen by twenty points this month, and retail investors are not making much profit at all. Even with maximum leverage, it can hardly multiply by a few times. The market is essentially quite stagnant, and the profit-making effect is very poor.

However, I don’t feel that the altcoin season is far off. As long as BTC experiences a pullback without dropping below a hundred thousand, a significant amount of liquidity will flow into altcoins. So I will continue to wait for the wind to come; I still have a lot of confidence in the altcoin market, especially with the substantial global M2 liquidity.

However, based on the characteristics of the bull market in 2023, I advise everyone to be prepared to retreat while advancing. #Strategy增持比特币