Why hasn't the anticipated altcoin season arrived yet? ❤️
1️⃣ Bitcoin dominance remains high at 54%-64%, with institutional funds continuously flowing into BTC through ETFs, squeezing the liquidity space for altcoins. At the same time, after Bitcoin's price broke above $110,000 in June, it has been oscillating at a high level without forming the 'consolidation period' needed for capital diversion. Additionally, the long-term exchange rate of Ethereum against Bitcoin remains low, lacking signals for a widespread altcoin rally.
2️⃣ There is an oversupply of altcoins, with over 15,000 tokens competing for liquidity, causing capital dispersion and diluting returns, making a comprehensive surge difficult to achieve.
3️⃣ The Federal Reserve's high-interest rate policy continues, leaving speculative assets (like altcoins) without liquidity support.
4️⃣ The level of discussion on social media is also far lower than in 2021, making it hard for FOMO sentiment to form.
In the end, Bitcoin has been consolidating at a high level, but altcoins continue to decline, even experiencing a protracted downtrend. It's advisable to abandon lesser-known altcoins and instead allocate to leading tokens. Even if there is a sector rotation, it will surely start with the leaders first. The remaining altcoins will slowly endure steep declines, drops, and even delistings.
Stop blindly fantasizing about a widespread altcoin season; this market lacks money, lacks money, lacks money to support everyone’s dreams. $BTC $ETH $SOL #美联储FOMC会议 #X平台封号 #特朗普比特币金库