Odaily News According to Bravos Research, the current cryptocurrency market is experiencing the largest altcoin liquidation since the LUNA crash in May 2022. The market has seen about $10 billion in liquidations, far exceeding the situation after the FTX collapse.
Data shows that Bitcoin dominance continues to rise, indicating that there is no obvious signal of altcoin season in the short term. Analysts believe that retail investor enthusiasm has not yet fully recovered, and the real altcoin season may still be ahead.