ChainCatcher News, CryptoQuant CEO Ki Young Ju stated on X that this altcoin season will be full of challenges, with only a few projects able to stand out. Market sentiment is good, but new liquidity is limited. Bitcoin is establishing its own paper L2 ecosystem through ETFs, MSTR, funds, etc., weakening its correlation with altcoins.

The previous pattern of altcoins fluctuating in sync with BTC has been broken, and some altcoins are beginning to show independent trends. In the future, altcoins may need to create paper versions similar to Bitcoin or build an internet currency ecosystem using stablecoins and BTC. Investors should look for cryptocurrencies that can achieve these goals and hold them for the long term.🔍📈