Many people say this cycle is different, and there won't be another altcoin season.
Wrong.
If there is no altcoin season, then retail investors will never enter this space again.
Since the cycle that started in 2017, it hasn't been Bitcoin that has brought retail investors in, but rather the myth of wealth creation.
Whether it's the project parties, the platforms, or even those Wall Street institutions, they all need a four-year cycle to bring retail investors in to take over. It's often said that once BTC is recognized by institutions, it will become a reserve asset like gold. So how many retail investors trade gold in the market?
If there is no altcoin season, the entire crypto industry would also declare an end.