I just saw news from Robinhood; their crypto department head said that during this recession, investors have a different perspective. Instead of just holding Bitcoin and Ethereum, people are looking for opportunities with other altcoins, even participating in staking and DeFi. The interesting part is that even though the market is still volatile, these activities continue to attract users.

But strangely, the Altcoin Season Index is still only 33/100, meaning Bitcoin still dominates. Perhaps that's why the US spot Bitcoin ETF funds have lost $3.8 billion over the past five weeks—investors are still fearful despite the recession. It seems everyone is waiting for clear signals before going all-in on altcoins.

Interestingly, during a recession, instead of pulling out completely, people are finding ways to participate more deeply through staking. Could this be a sign of a psychological shift?