Analysts have significant disagreements on the altcoin bull market, with Bitcoin's weakness dragging down speculative interest.

Bitfinex says the consolidation period has arrived, but Ted advocates hoarding utility tokens; the opposing views are quite amusing.

Connecting this with the news of BONK's plunge and PUMP whales' losses, the altcoin season is hard to come by, and ETF inflows are key.

I believe macro events will turn around; risk aversion in the short term, but optimistic about DeFi protocols in the long term.