Currently a typical institution-driven bull market
And has little relationship with crypto-native retail investors
No leverage, no fees, no FOMO
Look at the trends of the vast majority of alts
It's merely market makers tracking BTC to drive buying pressure
Where have the retail investors gone? Have they been washed out by two major corrections in 2024?
Or are they stuck in deep losses? Or have they missed the opportunity?
If that's the case, the difficulty of an altcoin season will be relatively high, right?
