The altcoin season is about to explode, but there won't be a repeat of the all-around surge seen in 2021. The reasons are mainly three:

The wave of unlocks continues: Tokens of low liquidity and high FDV projects are continuously unlocking, bringing heavy selling pressure.

Excessive growth on the supply side: The industry infrastructure is further improving, barriers to entry are further lowered, and new projects are being issued excessively.

Insufficient growth on the demand side: There is a lack of attractive new business models, and most sectors find it difficult to achieve product-market fit, which fails to 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 the historical high again, luck plays a significant role. #灰度提交Horizen信托文件 #“圣诞老人行情”再现 #2025加密趋势预测 #2025有哪些关键叙事？ #BTC上攻11万？