If the previous altcoin season was delayed because the on-chain activity was too hot, with liquidity being absorbed by Pumpfun and various on-chain minting — then what about now? #山寨季将持续多久？

The on-chain space clearly isn't as hot anymore, and Pumpfun's minting is starting to encounter obstacles. If it doesn't become altcoin's turn soon, it will really be hard to explain! 🙃

Now let's take a look at the macro level — from the beginning of 2025 until now, the total amount of stablecoins has been steadily increasing, not surging, but at least a continuous influx.

Even if this money is dispersed, it shouldn't all be used for mining or grabbing airdrops, right? At some point, some of it has to flow into the market for the altcoins to benefit, right?

So now I am no longer greedy, nor am I fantasizing about a big market; I only wish for:

🟢 $BTC to stabilize and oscillate for two months,

🟢 then to create a wave of "new high market" to boost morale,

🟢 and ideally, have it bring the altcoins into a "3-week mini-boom" to absorb some blood and recover.

Aside from that, I have no other desires!

I don't want to be the leader; I just want not to be a constant blood bag... 😮‍💨#山寨季不死