The harsh truth! To determine whether the altcoin season has arrived, the key is to focus on one thing - when will those stubborn holders of altcoins finally give in and sell at a loss! Other technical indicators are just nonsense at this point!
It's like a vegetable market; when the retail investors are lying flat and refusing to sell, it means we haven't hit the bottom yet! We have to wait until they are crying and screaming to sell their coins, that’s when we truly reach the bottom! This market is like a roller coaster, it's all about who gets scared first - when you are greedy, the big players are scared, and when you are scared, the big players are greedy! To put it simply, the bottom is when everyone admits defeat, and the guys in the group stop shouting to buy the dip; even the stubborn ones are selling at a loss and closing their accounts, that’s when the real opportunity arises! If there are still people stubbornly saying "holding on until I break even," then it definitely hasn’t bottomed out yet! Those whose understanding can’t keep up with the market rhythm shouldn’t complain about being harvested; this market is inherently a brutal arena where big fish eat small fish!
#Is the altcoin season here?#altcoins
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