Hey Dear
The reality of the crypto market:
BTC and some major coins like ETH, SOL, BNB are doing somewhat well, at least improving compared to 2024. But the altcoins we relied on — like ADA, MATIC, AVAX, ICP, and many more — are now below their 2023 prices! The hype around meme coins has also blown away like a water bubble.
Market Sentiment: Why this sudden change?
- Market liquidity has decreased
- BTC ETF's impact is limited to BTC only
- Alt season is not here yet (or will it come at all?)
- Some FUD: USDT related rumors, regulatory issues, and geopolitical tensions
All in all, except for the major coins, everyone else is like walking in the desert looking for water!
https://chatgpt.com/s/m_683f1b3581988191a679107f15c63fd5.Source
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Have you also faced such a frustrating situation? Share your thoughts in the comments below!