This chart looks very similar to the 2020 accumulation phase. Altcoins cooled off, volume dropped, and confidence disappeared. This is usually where accumulation happens before the next expansion. Altseason starts when people lose interest, not when they are excited.
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TOTAL market cap excluding $BTC
This chart looks very similar to the 2020 accumulation phase.
Altcoins cooled off, volume dropped, and confidence disappeared.
This is usually where accumulation happens before the next expansion.
Altseason starts when people lose interest, not when they are excited.