Damn, now hardly anyone talks about altseason anymore. I scroll through social media and crypto feeds, almost no one is discussing this. According to Santiment data, mentions of altseason in a week have dropped to the lowest level in two years. This could actually be a good signal.

I think, when everyone is freaking out about altseason, it usually signals a peak. Conversely, when there's silence like now, historical patterns show an interesting correlation with subsequent price recovery. I see this correlation repeating multiple times—every spike in altseason discussions two years ago always coincided with a local peak in Dogecoin, followed by a rally. Not perfect, but the correlation between retail apathy and subsequent price increases is quite consistent across cycles.

Right now, altcoins are really under pressure. Dogecoin has dropped about 75% from its peak, Solana has lost over 60%, Cardano has fallen more than 70%. All capital is flowing into Bitcoin and stablecoins. But what's interesting is that on-chain data is starting to show divergence. Bitcoin wallets holding 100+ BTC are approaching 20,000 for the first time—meaning whales are accumulating during the dip. This is a classic correlation between public sentiment being pessimistic and large holders quietly accumulating.

Other sentiment indicators also confirm fatigue. The Crypto Fear and Greed Index has almost always been in "fear" or "extreme fear" last month. Google searches for "best crypto to buy" are flat, even searches for "bitcoin to zero" hit record highs. Nobody's excited anymore.

But I think this is a good setup. Historical correlations show that when apathy hits lows like now, the accumulation phase begins. It’s just a matter of waiting for Bitcoin to stabilize before altseason can start rotating. Conditions aren’t perfect yet, but sentiment-wise, it’s already ready.