According to ChainCatcher, cryptocurrency analyst Miles Deutscher pointed out that the alt season will never be the same as 2021.
The loose conditions in 2021 were extremely abnormal, with a surge in new launch projects leading to altcoin dilution.
This doesn’t mean altcoins won’t boom, just in a different way: instead of all altcoins rising at the same time, there will be a larger but limited rotation, such as AI and Meme coins.
Liquidity will flow in gradually, rather than rising sharply during the 2021 stimulus package. Strong ETF flows reduce the impact of Bitcoin's rise on liquidity.
The market will shift more towards traders, and the strategy of "holding a lot of coins and waiting for them to rise" will no longer work. There are still huge opportunities, but you need to adjust your trading/investing style according to the current market conditions.