Famous Exchange CEO Announces: "The Long-Expected Altcoin Season Will Not Come!" Here's Why!

Bitcoin hit new ATHs as it raced from record to record throughout 2025. However, the same wasn't true for ￰0￱ some altcoins like Ethereum and BNB broke their previous records and reached new ATH2, most altcoins still haven't experienced an explosive ￰1￱ Season Will Not Come! While expectations for the start of the major altcoin season continue despite all the negativities, Bitget CEO Gracy Chen made statements that would upset investors. Accordingly, Bitget CEO claimed that the expected altcoin season will not start this year or next year.

“Altcoin season won't even come in 2025 or 2026.” Stating that investments in web3 projects have decreased significantly recently, the famous CEO said that this situation, coupled with the harsh corrections, has increased the risk of investing in altcoins. “Since last year, venture capital (VC) firms started to withdraw from investing in web3 projects, and this year this trend has become much more ￰2￱ sharp crash on October 11th also dealt a fatal blow to altcoins, and they suffered serious ￰3￱ situation worsened as the collapse and investments in web3 projects dried ￰4￱ these reasons, the risk-reward ratio that individual investors must accept in altcoin trading has now reached very low ￰5￱ that the market needs time to recover, Chen said, “now is not the time to sell or buy.” Bitcoin (BTC) is Preferred!

Stating that market peaks come not from fear but from extreme greed, the famous CEO said: “Some family offices are taking steps to allocate 5% to 20% of their assets to Bitcoin (BTC), and in the current climate, this is a reasonable ￰6￱ October 11th, the market is still in ￰7￱ trading volumes on major exchanges have decreased by 20-40%, and some major market makers have been liquidated due to increased ￰8￱ current market is in a state of ￰9￱ idea of making a lot of money in the short term should be abandoned, as staying in the market is paramount. *This is not investment ￰10￱ Reading: Famous Exchange CEO Announces: "The Long-Expected Altcoin Season Will Not Come!" Here's Why!