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The alt season is definitely coming, and it won't be far away.
Now Bitcoin and Ethereum keep rising, but apart from memes, there aren't many altcoins that can compete. Don't be fooled by the fact that memes have dropped several times; in reality, they are only about 4-5 times away from last December's peak, which is similar to other altcoins and quite normal.
This round is a slow bull market, Bitcoin and Ethereum rely on ETFs and funds from the US stock market. The money within the circle is still not enough; we have to wait for interest rate cuts to bring in the sentiment.
Altcoin projects don't want to pump, they're just afraid that no one will catch on. There are too many coins, and without sector rotation and FOMO sentiment, it's not going to work.
Just hang in there, probably around August to September. In July, the market cap will be boosted first, and they won't worry about finding buyers; the manipulators are confident.
#crypto #market