Many people currently have a huge misconception that altcoin/BTC exchange rates have bottomed out and that there will be similar bull runs like in 2017 and 2021, so they are investing heavily in altcoins.
The truth is that ETH/BTC has already bottomed out, while altcoin/BTC has not. Altcoins only have periodic rebound opportunities, and after the rebound, they will still experience significant declines, being drained by both BTC and ETH. This situation will continue this year.
