Report on altcoins:

The market value exchange rate has retreated for several consecutive weeks,

now it is approaching the previous low again. Will this continue within this week? I believe we need about a month to observe:

If we understand this from a liquidity perspective:

The reason why altcoin season couldn't come before is that the on-chain market absorbed too much speculative liquidity, and now the on-chain market is no longer that active, Pumpfun's issuance is also starting to face resistance...

If altcoin season doesn't come again, it really can't be explained!

Since the beginning of the year, the total amount of stablecoins has been continuously increasing, and even if this liquidity is dispersed, a part of it should have entered the market by now?

Next, I don't expect anything, just hope BTC can oscillate well for 1-2 months, and then break out into a new high market, allowing altcoins to absorb some liquidity for about 3 weeks, leading to a small altcoin season.

Apart from this, I ask for nothing else! #美联储FOMC会议