The altcoin season is about to start exploding, but the all-round surge seen in 2021 will not occur.

The reasons are mainly three:

Continuous unlocking: Tokens of low circulation and high FDV projects are continuously unlocked, bringing heavy selling pressure.

Excessive growth on the supply side: The industry's infrastructure is further improved, the threshold for entrepreneurship is further lowered, and new projects are excessively issued.

Insufficient growth on the demand side: There is a lack of attractive new business models, most sectors struggle to achieve product-market fit, and cannot stimulate demand for altcoins.

If you are afraid of missing the altcoin season, the only thing you can do is to find a cost-effective entry point and set a stop-loss. As for whether it can break historical highs again, luck is very important.