It is obviously not the season of altcoins now, but the trend of altcoins is indeed better than that of BTC. The slow decline in BTC's market share shows the strength of altcoins. But BTC obviously has not reached its peak, so the strength of altcoins may be temporary and does not represent the arrival of the altcoin season.

The activity of projects on the SOL public chain is currently lower than that of ETH projects. It seems that SOL needs to continue to work hard to challenge ETH's public chain status. In addition, there are constant news that SOL has a large number of order-brushing behaviors, which itself poses a challenge to SOL's credibility. The weakness of SOL during this period is a bit worrying.

BTC's rise has not yet broken through 65,200. At the time of posting, the current price is 64,107. Today's market panic greed index has reached 50. It has come to the center of Taiping again. Three attempts to break through 65,200 have not been able to stand firm. The first one was strong, the second one was weak, and the third one was exhausted. Therefore, there are a large number of short orders in the market now. There are really many smart people. It is likely that these smart people will be blown up and then the callback will be made.