This Altseason will be strange and full of challenges
According to the CEO of CryptoQuant, the current Altseason will not be as many expect. It is predicted to be strange and difficult, with only those who choose correctly able to win. Here are the highlights:
1️⃣ Positive market sentiment, but lacking new liquidity
- Although market sentiment is good, there is almost no new money flowing in.
- This creates significant pressure on altcoins, as there isn't enough liquidity to trigger strong price increases.
2️⃣ Bitcoin is separating from the Altcoin ecosystem
Bitcoin is increasingly building a distinct ecosystem with:
- Bitcoin ETF,
- MicroStrategy,
- Large investment funds and other traditional financial instruments.
- This ecosystem is becoming “closed,” making it difficult to establish a bridge with altcoins.
3️⃣ The breaking of the correlation between Bitcoin and Altcoins
- Previously, altcoins often moved in sync with Bitcoin, but this pattern has now been broken.
- Only a few altcoins are starting to show independent trends, attracting new capital.
This Altseason is not for everyone. Instead of expecting the entire market to explode, only a few altcoins are capable of attracting capital and creating distinct trends.
What do you think? Will this Altseason turn out as predicted by the CEO of CryptoQuant? 🤔$TON $SOL $ETH
