#AVAX Don’t believe in fairy tales about altseason and quick riches. And here's why.

🧬 1. The market has become too large and mature

In 2017 and 2021, market capitalizations were significantly smaller. It was easy to pump any altcoins by 50–200×.

Now:

• tens of billions in BTC ETF

• regulation

• large funds

• more complex strategies

Now a mass alt-season with all the growth of +300–1000% in a month is almost impossible.

💸 2. Money flows are now selective, not across all alts

Earlier, the logic was simple:

BTC → ETH → top alts → all alts → shitcoins.

Today it does NOT work that way.

Money is going into specific narratives:

• AI

• RWA

• DePIN

• Gaming / GameFi

• L2 Rollups

• Restaking (EigenLayer ecosystem)

And within each of the narratives, 2–4 leaders are rising, not the whole sector.

So instead of an “altseason,” we have mini-seasons by narratives.

🪙 3. Bitcoin and ETFs have consumed liquidity

The market now has a lot of money in BTC-ETFs — they do not flow into altcoins.

Funds usually hold BTC/ETH, not small coins.

This compresses the flow of liquidity into smaller alts → and without liquidity, there’s no massively explosive growth.

🧱 4. Alts have become “businesses,” not lotteries

Earlier it was “all alts grow because of hype.”

Now those who really deliver are growing.