Why isn't the expected alt season coming? Here are the reasons behind it

Crypto News - Looking at the Ethereum price cycle, it seems that we have not been able to provide the expected returns of the market. If we defend the four-year cycle, we have progressed significantly in the second year of the bull market. At this point, it seems that we have reached the real bottom level. Michael Van de Poppe argues that the four-year cycle is nonsense when viewed from a broader perspective. He says that we have been in bare market conditions for a long time, especially in the context of Ethereum and altcoins. There is an irrational inconsistency surrounding these crypto assets.

There is also a negativity surrounding the meme coin market. Investors seem to be tired of these assets reaching their peaks and losing nearly 90% of their value, so they are turning to assets with gradual growth potential. However, we may be in the midst of a major reversal, and it looks like history is repeating itself when we look at the ETH/BTC chart, reaching December 2020 valuations.

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