"Altcoin season needs a new perspective beyond existing cycle analysis"

The possibility of the arrival of an altcoin season (a market in which altcoins rise), which had raised investors' expectations, has been decreasing due to the recent bear market, and a claim has been made that analyses of the alt season should be viewed from a new perspective.

On the 22nd (Korean time), according to NewsBTC, Nick Carter, a partner at Castle Island Ventures, said, "The crypto asset market is in a somewhat boring state," and added, "Many of the uncertainties that caused the strong volatility in (altcoins) have been largely resolved, and technical safety has also greatly improved."

Another crypto asset analyst, 'Altcoin Sherpa,' argued, "The existing cycle is already over," and said, "It is difficult to expect an altcoin season like in the past in the current market." He said, "The traditional 'rise-correction-recovery' cycle is over, and in the new cycle altcoins repeatedly follow a pattern of rising for a short period and then experiencing a moderate decline."

He warned, "Do not expect a large-scale altcoin surge season like in 2021; when there is a rise, quickly seize the opportunity, but recognize that prices may fall again." He added, "The mindset about altcoin rallies and alt seasons must be reset," and, "Altcoins will tend to fall quickly rather than decline slowly."