The market has turned into a bloodbath!
- New tokens with positive performance dumped 70% from their ATH
- 90% of altcoins are scraping the bottom
But I’m convinced we aren't in a bear market, and here's why
The analytics above indicate that only a few altcoins from different sectors are holding strong, while the majority are bleeding.
Bull market is a phase where the market is globally growing. However, even during a bull phase, localized dips occur.
I will now explain why these dips are necessary and why they can be exhausting for people.
Since 2021, many people have entered the market.
Ethereum active addresses are increasing. Additionally, on Solana, active addresses are growing exponentially.
Comparing crypto users in 2017 to those in 2025 reveals a significant difference.
The main goal of the market is to have as many people as possible lose money.
This is why cycles become more complex, causing people—especially newcomers—to struggle during downturns.
As a result, many sell their assets at the first red candle.
To keep this post short, I'll summarize:
- The market is exhausting newcomers, prompting them to sell at a loss and fear future buying.
- Once the market is sufficiently emptied, a massive pump will come.
In conclusion, the global picture remains unchanged.
As I mentioned earlier, still waiting for the altseason in spring 2025.
With everything happening in the market, I think the pump will be so rapid that people won't have time to buy.
Distribution phase will follow, along with a flood of positive news about crypto (it will be time to sell).
#BitcoinReserveWave #AltcoinRevolution2028
