The main reason altcoins can't rise!!!
In the past, there were very few altcoins, and liquidity could easily flow into every coin, but now there are more than 40,000 altcoins. This causes liquidity to briefly enter dozens of coins, and that's why rises cannot be permanent.
Another reason is due to Binance's continuous listing of altcoins. Additionally, the supply of altcoins has increased tremendously. Binance should delist 60-70% of the old altcoins so that new coins can take their place at ATH. Unfortunately, meme coins have devastated the markets. Most altcoins need to be eliminated. Even if the market experiences a rise, I think most coins can only reach their acquisition costs. Many people's money has been destroyed here. Don't just understand this as a numerical loss. People who bought houses or land 2-3 years ago are now in a much more profitable situation. The amounts earned here have fallen victim to inflation. I think this will be the last bull run for many under these conditions in cryptocurrencies. The peak should come by November at the latest according to the cycle. No one should expect 100-200x. Don’t have big dreams either.