Let's talk about the current situation of altcoins. In the past few weeks, the market value and exchange rate of altcoins have been continuously adjusting, and it seems like they are approaching the previous low points again. Will they continue to drop this week? I think we need to observe the trend for another month to be sure.
From a liquidity perspective, altcoins haven't seen a spring for a long time. A big reason for this is that the on-chain market has siphoned off too much speculative capital and attention, like when Pumpfun issued coins, it was extremely popular, and a lot of money and attention were drawn away. But now, the on-chain market isn't as lively, even Pumpfun's coin issuance has started to face obstacles. If in this situation, the spring for altcoins still doesn't arrive, it would be quite unreasonable.
Another key point is that since the beginning of the year, the total amount of stablecoins has been gradually increasing. Even if these funds are relatively dispersed, logically, some should flow into the market to stimulate the market conditions.
I won't hold too high expectations, just hoping that Bitcoin can stabilize in the next 1-2 months, oscillating to reach a new high, while leaving three weeks for altcoins to attract some funds, have a small altcoin season, and then end this bull market.
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