Bull Market Season Failed to Materialize: Capital Dilution and Market Dynamics Analysis Gate News Bot Message, many people expected an altseason last year, but it ultimately did not materialize. Although some large-cap coins including $BNB、$SOL and $HYPE reached new highs, most tokens have now declined 40-50%. The main reason is believed to be capital dilution, as new narratives continuously emerge in the market. The absence of the expected altseason contrasts with early market expectations, with most altcoins experiencing significant declines from their highs.
Bull Market Season Failed to Materialize: Capital Dilution and Market Dynamics Analysis Gate News Bot Message, many people expected an altseason last year, but it ultimately did not materialize. Although some large-cap coins including $BNB、$SOL and $HYPE reached new highs, most tokens have now declined 40-50%. The main reason is believed to be capital dilution, as new narratives continuously emerge in the market. The absence of the expected altseason contrasts with early market expectations, with most altcoins experiencing significant declines from their highs.