This time, although BTC has reached a new high, most altcoins are more cautious and did not follow the rise, still lying low, as they've been scared by being duped. In previous years, when BTC broke new highs, the enthusiasm in Cryptocurrency Trading groups and search engine search volume were very high, and retail investors were excited. But this time, it’s different.

If this round really marks the end of the altcoin season, then altcoins will no longer have a profit-making effect, and in the future, no one will stockpile altcoins anymore. The number of users in the crypto space will drop by at least 20% to 40%. User loss will inevitably bring about more adverse consequences. The retail investors' roots have been completely dug up, and in the future, retail investors will go play with other assets, while the crypto space will only have institutions holding BTC to mutual liquidate each other, gradually losing liquidity, and the crypto scams will be completely ended.