ETH has officially held above 3000, and we are seeing people starting to shout "alt season" again!

There will definitely be some altcoins that rise.

But to reach the kind of "hundreds of coins flying together" seen in the previous two bull markets, with tenfold and hundredfold coins popping up one after another.

I still think it's impossible.

The reason has been mentioned before, let's summarize it again:

1. This round of funds mainly comes from institutions, and institutions rarely play with small altcoins.

2. Interest rates have not yet been lowered, institutions have money, but the common people do not.

3. The industry lacks innovation, making it difficult for altcoins to build consensus.

4、There are too many altcoins, and funds cannot be effectively aggregated.

5. Trump performs every day, betting on mainstream coins makes everyone anxious, no one dares to hold above altcoins for the long term.

6. I don't know about the West, but in the Eastern world, most retail investors, including myself, should have been cut off by now in this round of market. There really isn't enough capital and courage to heavily invest in altcoins again. When the altcoins rise, I just want to run away, without any substantial plan. This, in turn, adds difficulty for the manipulators to operate, further hindering the outbreak of the alt season.

If there is no fundamental change in the above, I will not change my view, no matter how seductive the gestures are. At most, I will just flirt a bit, definitely not going deeper!

After all, investment failure will not be due to missing out, but because of huge losses!