For the entire financial sector, the growth trend is still present because cash flow is being pumped out very strongly!
This will drive the price of $BTC to increase sustainably!
However, for the crypto industry in general and altcoins in particular, we are still in a downtrend that has lasted since the second half of 2022 (from the collapse of LUNA, FTX, and decentralized banks like Celsius,...) up to now!
This explains why, despite money continuing to be printed, the financial market is growing, but altcoins are struggling deeply and the waves are very short (Looking at the altcoin season index below, it can be clearly seen that this season is very short as the market enters a phase called "altcoin season")
-----> Crypto needs a major cleansing, needs to get rid of scam projects that are just flashy, printing money out of thin air, needs to reduce the number of "transient" investors who only want to speculate and have no real need to hold on-chain assets.