It is said that the alt season is gone, because Bitcoin has been at a high level, but the alt has fallen by 70% to 80%.

That is because institutional funds only buy Bitcoin, and the capital structure is very different from the past. In addition, the high FDV and low circulation unlocked coins have been diluting the market's existing funds, so everyone should wake up now and not buy new coins, and invest funds in fully circulated MEME and some high-quality old coins.

If there is no alt season, no one will come to play in the currency circle in the future. Who will maintain the ecology of Bitcoin and Ethereum? Institutions will enter the market and play a wave?

I firmly believe that there will be alt season, limited to inscriptions, MEME and high-quality old coins.

Don't copy the trend of Bitcoin in the previous bull market. The current alt's decline is a normal correction compared with the previous bull market. The bull market in October last year last year lasted until March, and fell sharply in April, rebounded in May, and continued to fall in June. The bottom fluctuated for another two months and started again. Looking forward to the alt season.