Is the altseason canceled? Why is the economy choking the crypto market ⁉️⁉️

• ISM in the USA is again below 50 (≈48) → production and orders are declining, business is cautious.

• In such an environment, capital avoids risk, and altcoins are the farthest level of risk.

• In previous cycles (2017, 2021), altseason started with a strong macro picture (ISM >55, growth in orders, business confidence).

• Now the economy is in a phase of expectation, not acceleration: Bitcoin is already playing its role, but there is no mass influx into alts.

• The year 2026 could be a turning point: with interest rates decreasing and ISM stabilizing above 50, a sense of economic expansion will arise → then the start of a new cycle for alts could be possible.

👉 The main thought: the market is waiting for an economic turnaround; without it, altseason remains more of a dream than a reality.