Some time ago, most people believed a bull market was imminent, so they heavily invested in certain sectors, eagerly anticipating the arrival of the altcoin season.
However, when market opinions became highly uniform, the expected situation did not materialize; altcoins only made some false breakouts before falling back again.
A market opinion that is too uniform is inherently a dangerous signal.
Looking back over this year, the overall increase in altcoins has not been significant, with some even falling back to their original points, while Bitcoin, in contrast, continues to reach new highs. In reality, we are still engaged in fierce competition within a saturated market.
This market is like a brutal battleground; perhaps only through experiencing a bloodbath, which thoroughly shatters people's uniform views, causing deep doubts about the existence of a bull market, pushing everyone to the limit of endurance, can we hope for a turning point from extreme pessimism to optimism.
