#ALTSEASON Crypto Market Bleeds Red: Altcoins Face Brutal Sell-Off

The crypto market is experiencing a severe downturn, with nearly every major altcoin deep in the red. Leading projects like SUI, SOL, ETH, DOGE, SHIB, and AVAX have seen sharp declines, many dropping 50–75% from recent highs. The chart reflects a widespread sell-off, driven by macro uncertainty, profit-taking, and fear dominating the market. Even popular meme coins like PEPE, FLOKI, and BONK are not spared. Historically, such extreme corrections have preceded strong accumulation phases—but for now, sentiment is grim. Traders are cautious, and long-term holders may view this as a high-risk, high-reward accumulation zone.