Social media mentions of "altseason" drop to a two-year low
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According to Santiment data, mentions of "altseason" on social media have dropped to their lowest level in two years. Historically, this unusual signal has appeared before speculative crypto asset rebounds. Currently, major tokens such as Dogecoin, Solana, and Cardano have fallen 60% to 75% from their recent highs, with more capital flowing into Bitcoin and stablecoins. On-chain data shows that large Bitcoin holders are accumulating, and analysts believe that any altcoin rebound may have to wait until Bitcoin stabilizes under market pressure.
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