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The situation with the altcoin market capitalization exchange rate is currently acceptable, and Monday's strong rebound of ETH can be considered a great rescue!
As long as it doesn't break through the trend line structure here, there is still hope for the altcoin season, but this process is expected to be very difficult. You can refer to the previous altcoin season, which lasted for 400 days of low-level fluctuations, just like the period from the start of QE to the massive liquidity injection.
By the way, the altcoin U-based has actually been falling for those 400 days...😅