The retail market is sluggish, sentiment has hit rock bottom, and altcoins have continued to decline for months — but this may be the prelude to a new round of opportunities.
Although the market conditions seem bleak, I believe this is more like a setup rather than an endpoint.
As key catalytic events gradually emerge, I believe the next round of market gains will be dominated by utility tokens, rather than Memes.
Since December 2024, investors' patience waiting for the 'altcoin season' has been worn thin.
Starting from the fourth quarter of 2024, the market has actually received several positive news, yet the altcoin market has consistently failed to respond positively.
Currently, market sentiment seems to be in a 'depression stage', with retail investors and large holders (whales) all selling and exiting.
Does this mean that the 'altcoin season' is just a gimmick?
Will this market cycle end without ETH making a new high?
Are there any positive factors that can drive funds into the altcoin market?
Currently, market sentiment is panic-stricken, with insufficient funds flowing in, making it difficult for the altcoin market to recover.
The previous short position from Kaito has been continuously profitable.
Staying short has been quite rewarding.
Next, I will set up a long-term short position again, expecting a profit of 2000%.
The strategy will be announced soon, feel free to watch.
Intra-day focus: s, sui, apt, sol, arc, not
