⚠️Market update: The current sentiment among KOLs remains bullish in the market, consistently advocating for the altcoin season. Personally, I have divested from all altcoins and only hold Bitcoin. In my perspective, the market requires a significant correction before the bull run, truly ushering in the altcoin season. Here are a few reasons supporting my viewpoint:

1⃣While Bitcoin has experienced growth, altcoins have seen relatively limited gains, with a majority experiencing declines.

2⃣Binance continues to list projects in which they have invested, leading to a dumping of these assets. Simultaneously, other projects listed lack discerning criteria and trend creation, merely relying on financial resources and relationships.

3⃣Jump, representing funds and market makers, has shifted a significant portion of their portfolio to Binance, exerting pressure and initiating sell-offs.

4⃣The market anticipates a gamefi trend with projects like #PIXEL and #Ron. However, in reality, this is merely a ploy to facilitate the dumping of Ron by #Binance  , as they have significant investments and holdings in it.

5⃣The #AI group faces challenges in creating trends, as it is difficult to elevate the ecosystem and other coins along with it.

6⃣The continuous token issuance and listing of major projects on Binance have resulted in an oversaturation of new capital that cannot be fully absorbed. Particularly, the upcoming listing of #PIXEL and #STRK next week is expected to draw resources and attention away from other projects.#PIXEL #shakeout #BTC‬