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Analysis: Shanzhai season may have arrived, but this time is different from the past

On May 11, analyst 2Lambroz believed that the peak season for altcoins might have arrived, but he said that market dynamics had changed. "People want to buy, but lack confidence in any strong narrative." He pointed out that unlike in 2021, there are currently no signs of retail investors entering the market. Traders turn money faster and have little incentive to hold long-term positions. Technical trader Moustache has a more optimistic view. He shared a chart showing that altcoins went through repeated stages of accumulation and then experienced explosive growth. According to its analysis, the current structure is similar to the situation in 2016 and 2020. "The 2025 altcoin season has officially begun." However, skeptics still exist. Commentator RektFencer pointed out that most altcoins have fallen by 90% since December last year. This week's small 10% rally sparked excessive optimism that prompted him to laugh at the rally. "This is the golden age of altcoins that we have been waiting for a long time." (Cointelegraph)

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