When thinking about the altcoin season, one recalls the past. How many people came here dreaming of purchasing altcoins to achieve financial freedom during the altcoin season? However, this dream has shattered, and the altcoin season is becoming more distant.
It's not that there isn't an altcoin season, but rather that the conditions for one to arrive are absent. The rise of altcoins must result from liquidity eventually overflowing, but this round of Federal Reserve interest rate hikes coincides with the Bitcoin halving, which fails to provide sufficient liquidity.
This round of altcoins might be like your ex-girlfriend, never able to return to the past. The beautiful moments can only be deeply buried in your heart. Currently, the market is surging with Bitcoin, news is filled with Bitcoin reserves, ETFs, and institutional investors; the news about altcoins has lost its impact.
It's like resources and money flow to the wealthy upper class, while the liquidity of cryptocurrencies continuously flows towards Bitcoin, and it keeps coming in, whether from news, funding, or almost all resources flowing towards Bitcoin.
Altcoins will only be continuously drained and will also face the bloodsucking of various project teams. From the moment they launch to the unlocking phase, it's a constant sell-off. Even if they don't lack money, they still want to take a piece. From the issuance of Trump Coin draining the primary market to today, even a well-funded project team aims to take away $1 billion from the market.
The constant issuance of altcoins is like poison being thrown into the market; altcoins have completely lost their scarcity, and there are no new narratives emerging. Now, apart from memes, all that remains are the remnants of the last cycle's on-chain DeFi, with the only real-world asset being derived from the previous DeFi.
Altcoins lack a compelling narrative and story. You might think that by learning about Layer 2, mastering AI, and understanding Depin, you could grasp the wealth secrets of altcoins. But perhaps you've forgotten the original intention of the dog traders; these are all traps designed for you.
Wake up; the entire market structure has changed. The former belief was that everyone held coins, had consensus, built communities, and waited for the arrival of the altcoin season. But now, no one cares about these anymore. The project teams are only thinking about cashing out quickly, and players are eager for rapid gains and quick sales.
The project team gives retail investors daily doses of faith, merely to ensure someone is ready to take over. You see yourself as the 'coin king,' but the project team views you simply as liquidity for their exit. Wake up.
