Preparations for the alt season are progressing steadily

Preparations-for-the-alt-season-are-progressing-steadily

Altcoin CEX volume, excluding the top five, is significantly higher than in previous cycles.

Someone says "there is no alt season in this cycle". However, on-chain data shows that altcoin trading is more active than in any previous cycle.

However, most altcoins have fallen in price, and retail investors have given up and sold.

Altcoin dominance has shifted to whales, who will drive up prices to maximize their profits during this bull market.