Every year in the crypto world, I observe similar scenarios.
Starting in the fall, crypto rises. And somewhere around April, the decline begins. Major investors, whales, capybaras, 34 Elons, 45 Musks, 32 Trumps, and 1 Simpson. They go on summer vacation. By July, I always convert my crypto to fiat.
During the summer period, many hamsters start to multiply on the exchange, most can't hold on and leave. In the fall, a huge number of hamsters appear, and Elons, Musks, and Trumps start calling the hamsters. They say to buy meme coins, junk coins. And they scream about a new alt season, new tales like Julius Caesar bought a scam coin for 1 cent, and they turned into 450 million dollars. Some Brit has been digging through all the trash not only of Britain but also of Europe for 11 years in search of Bitcoin, and some Indian from the forests of Antarctica turned out to be Nakamoto, etc.
Every year I read this nonsense. I’m waiting for at least something new.