Odaily Planet Daily reports that Matrixport released a chart today stating that despite constant market talk of a "bull run for altcoins," only two brief rebounds have occurred to date, concentrated in a small number of projects, and the overall market lacks continuity. While there was a period of activity in the fourth quarter of 2024, it failed to achieve widespread growth.

Overall, the rebound lacks fundamental support, making it difficult for the market to generate sustained upward momentum. We remain cautious, believing this round of gains may be difficult to sustain. The rapid decline in funding rates also suggests that bullish sentiment has yet to fully gather momentum, and the extent of market enthusiasm remains to be seen.