When Will Altseason Start? When BTC reached 120k๐ One of the most common questions I get:
WHEN WILL ALTSEASON START?
Hereโs the answer ๐
๐ป The real problem: memes drained all the liquidity.
The money that was supposed to go into fundamental projects in the summer of 2024.....got redirected into memes.
Yes, some people made money on that. But most retail traders?
They didnโt.
Of course, you can show profitable wallets. I also made money, but it was on insider information.
I think it would be perfect if Trump launched his token โ
just like Argentinaโs Libra โ to show people one clear thing:
- Memes are dangerous.
-They suck liquidity and leave you with nothing but losses.
Itโs a necessary wake-up call.
I didnโt want to say this, but maybe we need people to get burned by memes so they stop blindly throwing money at hype.
Some memes might still pump.
Yes, even some โfundamental memesโ might outperform serious altcoins.
But in general?
The meme market is a trap. It's a money pit.
People think theyโre great investors, but in reality โ itโs a casino.
Thereโs no tech. No fundamentals.
I don't deny the โfundamentalโ memes may show growth more than other altcoins. I don't rule that out. But if we are talking about the general pool of memes, there is such a problem going on here that most people will lose money.
5% make money on memes, 95% lose.
I'm self-aware, and I'm in that 95%.
That's why I didn't invest in altcoins.
Development is dead ... for now. Nobody cares about building.
You can spend two years developing a serious product, burn through money, and try to improve the crypto spaceโฆ
But most people donโt want that.
They want:
To buy pictures they like
As long as they look well-packaged.
Thatโs why we see so few good projects today โ
everyone ran off to create memes.
But finally, weโve reached a new stage:
People are starting to realize...
We need real, fundamental projects again.
Memes might still spike โ especially near the end of the bull run.
But the market has finally started waking up.
โ ๏ธ Yes, the market is broken.
But thatโs exactly what we need โ A bottom to bounce from.
Cryptoโs future is bright.
The next 10 years โ and even the end of this year โ could look very strong.
But right now?
Weโre not at the bottom in price.
Weโre at the bottom in sentiment.
In faith. In energy.
This is a real turnaround.
From here, real projects will emerge with real audiences and real goals. Thatโs what will grow this industryโand this industry will shape the world.
Crypto moves fast.
All it takes is two green daily candles,and suddenly everyone screams:
โItโs back! New bull market!โ Funnyโฆ but predictable.
Back to reality.
Weโre at a point where liquidity is gone. People are out of funds.
Panic is setting in. โCycles donโt work anymore,โ they say.
People start selling to survive โ for business, travel, life.
Even long-time holders are taking losses.
But when all the weak hands are gone, only the true holders will remain.
And who will move the market next?
Institutional investors
When the U.S. adopts Bitcoin as a reserve (which might already happen this May)... Other countries will follow.
Bitcoin will rally โ and drag the market upward.
Thatโs when weโll see:
The alt season will start only when Bitcoin is 120-130k.
Then profit taking and overflow into alts will start.
Thatโs when weโll see:
-Institutional investors
-The Web2 audience
-Capital flowing into fundamentals, not memes
Because eventually, people will realize:
You donโt invest in memes.
You invest in utility. In value. In tech.
๐ฅ Retail is the key.
The market needs mass participation.
Retail brings volume, and for that, we need:
Real news, Clear regulation, Trust and confidence
When that happens โpeople will believe again. And theyโll come running.
But then, like always...
Everyone will be convinced:
โCrypto is in permanent bull mode!โ
Money will pour in. FOMO will take overโฆ
...and then it ends.
The new bear market begins.
And Iโll be screaming about it โ loud.
I do my best for you, EXCAVO.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.