In fact, the rise of altcoins is either controlled by the project side or the expectations of some investors, but the current nature of liquidity does not support a wide altcoin season, and even US stocks do not have an altcoin season, let alone cryptocurrencies.
It's over, it's all over in crypto.
Previously, South Korean brother NAMSEOKHEE, who had opened more than 60 long orders in altcoins due to betting on the altcoin season, had just closed all his long positions, leaving only the last order of ENA (currently with a floating loss of $109,000).
He had previously made a floating profit of $712,000 a week ago through this strategy, and most of his positions were not closed in the end because he was determined that the altcoin season would come soon.
As a result, all profit orders eventually turned into losses.
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