Honestly, this kind of fluctuating market for altcoins is very, very damaging to them.
Everyone can take a look at the daily chart; 99.5% of altcoins not only haven't recovered from the drop over the past two days, but they are also worse off compared to their previous starting points. In other words, the highs keep getting lower, and the lows are getting lower too...
Under the frequent negative news stimuli, the market's volatility is increasing, and altcoins are really like birds startled by the bow, unable to attract investors' enthusiasm 🥵
If this continues, even if there's an altcoin season at the end of the year, it won't help because the starting point for altcoins is already too low. Even if they multiply several times, it's of no use. Most altcoin holders have already lost several times their investment, and by then, they won't even break even. Moreover, there is a high probability that there won't be any altcoin season, so altcoin holders will only suffer more 😰