Everything depends on whether an altcoin season will actually happen or it won't. Many people are convinced because it happened in the last cycle, but their primary motivator is because they are deep bagholders. If they didn't hold many altcoins that are down hard, they would not be so convinced about an altcoin season. My take is: Wait and see. Everything is very different than in the last cycle, which means that we can't predict what will happen. It is possible that an altcoin season will repeat itself, but also that it won't. If it does repeat itself, I expect it to at least be different from the previous ones.

Many projects suck, they never should have been created. It is time for bankruptcies and a clean out of this market.