This is me testing the waters by buying less than 3u of the altcoin EIGEN on February 22, 2025, and I have held it for almost a whole year.

Now, my unrealized loss exceeds 70%, and it's still spot.

2.89U is left with 0.46$ , and I am very glad that I only bought two or three U, as I can feel how bad the altcoin situation is.

Apart from this, I have never held onto any altcoins for a long time,

I can say that I am luckier than 99% of people,

Some people bought the dip on altcoins for 15000U, with an unrealized loss exceeding 90%, and are left with over 1000u.

Many people are trapped with a 90% loss due to their belief in an altcoin season and have paid a high price.

My current viewpoint is that there will be no altcoin season,

Unless my 70% unrealized loss turns into +1% (a positive number), I will not believe there will be an altcoin season.

But what needs to be considered now is:

macroeconomics, inflation, rising prices, interest rate issues, and Japan's market economy issues, whether the U.S. will provide liquidity to the crypto market, and unlimited QE (like the liquidity in the 2021 bull market).

Many people know nothing about this, and most are just closing their eyes and shouting bull market.