If the current market PA is 'alt szn' then oh boy, this is like the worst time I've had in an alt szn. The vibe sucks, lots of hate in the time line at CT. No wagmi vibes. It's like either people are losing money and if they're making money, it's not overall satisfying.
And remember we had that 'Crypto Boy' feel good song last time? We don't have it anymore. And it's also looking like the altcoin section is dying... That's a sign that everyone is not really making anything anymore.
Altcoin section I am sure will get better, because alt season isn't really something like this. I have been here long enough time to see that alt season becomes something with tons of people investing into silly small stuff I have never heard about. I mean even the grocer next to our shop lost hundreds of thousands of his life savings on some silly stupid coin that I have never hard about. Meanwhile, I renewed my car because my money was on bitcoin, the good old traditional bitcoin.
People hope for 100x, a one time deal that brings them retirement, and they all fail. So when that happens, then I will call that a real altcoin season, before any of that, we are not there yet. It's a good period, a green period, a bull period, but not the season yet, we need to peak even higher for that.