📉 Recently, friends in the crypto circle may have noticed that both Bitcoin and altcoins have been 'pulling back' over the past week, and even the search popularity for 'altcoin season' has turned downward. According to the latest data, global interest in 'altcoin season' has dropped from a score of 100🔥 on August 13 to 45📉 on August 19. At that time, Bitcoin had just surged to a high of $124,128, and the market atmosphere was explosive💥, driving the entire crypto market to a peak.

However, this enthusiasm seems a bit short-lived😅. For example, #DOGE and #xrp saw a 19% increase in the first two weeks of August, but recently each has dropped by about 11%📉, making the rebound look like a 'flash in the pan.' Economist Alex Krueger also questioned on the X platform: such a brief search peak, could it be that bots are up to something?🤖 He himself expressed doubt, saying, 'This surge is both dramatic and fleeting; I think the data might not be that reliable.'

💡 Many traders use search popularity to gauge retail FOMO (fear of missing out) and market sentiment, and sometimes these trends even hint that the market might be approaching local highs. But analyst Cristian Chifoi reminds everyone not to rely solely on search volumes, as he believes the recent surge in searches is likely related to promotions by major platforms. For instance, Coinbase predicted at the beginning of August, 'As September approaches, altcoin season might fully arrive📈.'

Chifoi summarized: 'IMO, this is not the best way to assess the state of the crypto cycle.' Other traders share a similar view—after all, there are now more ways to invest in crypto, not just focusing on Bitcoin or altcoins, but also through #etf , company holdings, and other avenues to participate in the market💼.

So friends, a decline in popularity does not mean opportunities have vanished, but don’t blindly follow the trend either😉. The market has its ups and downs; maintaining a stable mindset is the most important thing💪✨