Today continues to rise and then consolidates into a stagnant pool. When everyone is bored, will there suddenly be an exciting reversal? Some altcoins have already started their second rise. Altcoins will indeed have a bull market, and the previous kind of widespread increase will become less frequent. The reason is simple: there are now countless cryptocurrencies in the market, but the pool of funds is still limited. Either the funds get diluted, making widespread increases difficult; or the funds actively seek out quality assets to cluster around. I lean towards the latter! This is very similar to the situation in the U.S. stock market. With nearly ten thousand stocks, only a few are in a long bull run, while most others are in a continuous decline. Therefore, in the crypto space, finding good assets may be even more important. If there is an altcoin season, it will likely concentrate in two areas. One is cryptocurrencies that are part of ETFs, like #SOL, #LTC, #ADA, #SUI, #PEPE, etc., and the other is meme coins. As for other project tokens, the previous two bull markets have already exhausted their credibility. There are very few real-world applications, and it's all just empty promises; this time, it is likely to be difficult to see any improvement!
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