Why has the altcoin been falling? When will the altcoin season come? Why don't you make much money this year? The reason lies in the lack of sufficient liquidity!
First, in the institutional bull market, traditional funds prefer BTC. This round of bull market is dominated by institutions, and traditional funds will only buy BTC and ETH, resulting in a large amount of funds concentrated in mainstream cryptocurrencies, while ignoring altcoins, making altcoins lack liquidity and maintain a negative decline.
Secondly, the interest rate cut has not yet arrived. Market funds returned to the altcoin bull market in 21 years. At that time, low interest rates attracted a large amount of funds to flow into the currency circle, and 24 years were still at high interest rates. The market funds were limited, and traditional institutions preferred BTC, so the growth of altcoins was limited.
In this case, the ETF of altcoins is difficult to achieve, Bitcoin has absorbed a large amount of market funds, and the rise of altcoins is hindered. Therefore, only by maintaining low interest rates can the inflow of market funds be stimulated, thereby driving the surge in altcoins.
So, when will the altcoin season come? Perhaps waiting for the large-scale influx of market funds and the recognition of altcoins by traditional institutions.