Nobody's talking about altseason anymore and honestly that might be the most bullish signal right now. I've been watching the social volume tracker and mentions have basically flatlined to levels we haven't seen in two years. Think about it - when everyone's hyped about altseason, that's usually when things top out. When the chatter dies completely, that's when smart money starts quietly accumulating. The pattern's been pretty consistent across cycles. Every time altseason mentions spiked, DOGE would peak shortly after. Every period of silence got followed by a recovery. We're in full silence mode now. The damage from last year's crash was brutal and it shows. Dogecoin's down roughly 75% from its cycle highs. Solana shed over 60%. Cardano lost more than 70%. Capital's been rotating hard into bitcoin and stablecoins while alts just bled out. If you've been holding through this, there's literally nothing left to feel excited about. The sentiment data backs it up. The Fear and Greed Index has been oscillating between fear and extreme fear through February and March. Retail interest basically disappeared - even Bitcoin couldn't pull people back in. Google searches for altseason opportunities dried up while searches for doomsday scenarios hit record highs. But here's where it gets interesting. While everyone's been doom-scrolling, large holders have been quietly accumulating. Bitcoin wallets holding 100+ BTC hit 20,000 for the first time in late February. That's the kind of divergence you usually see before things shift. The altseason index is essentially dead right now but that's exactly the setup you want to see before the next cycle. Bitcoin needs to stabilize first though - the broader market's still dealing with geopolitical pressure that's weighing on everything. Once BTC finds its footing, the conditions for alts to rotate back in could come together pretty quickly. The exhaustion we're seeing isn't pessimism, it's capitulation. And capitulation is usually where the best opportunities hide.