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This rally has come to an end, and the long-awaited altcoin season may really not arrive. The reason is actually not complicated—there are already so many altcoins on the market that it's ridiculous; just those with some notoriety number over ten thousand. What about those obscure, unknown projects? It is said that there are as many as tens of millions.
Looking ahead, what will happen when the bear market truly arrives? My judgment is: over 90% of altcoins will be completely eliminated in this round of adjustment. But this is not the end. When the next bull cycle begins, new hundredfold and thousandfold coins will inevitably emerge—history always cycles this way. Remember this logic.