Currently, although Bitcoin and Ethereum continue to decline, the altcoin market has not accelerated its drop as it has in the past. Many people are asking if this is a sign of an altcoin season. However, in reality, the existing altcoin market is more in a state of having nowhere to fall.

After several rounds of cleansing, most altcoins have reached a low point, and investors are basically all in a loss state. Buying activity is severely sluggish, and selling is also unwilling to further discount, which is why the rate of decline has shown a decreasing trend. $BTC