Market sentiment is shifting. Many are holding onto hope for a bounce, but the harsh reality is that most alts have already reached their peak. Even with the possibility of an 'alt season', it's unlikely that most will recover. The writing is on the wall, and it's time to face the facts.

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Absolutely, the market does seem to be consolidating. It's crucial to reassess positions and allocate capital wisely. Alt season may bring some relief, but focus on fundamentals and long-term growth potential.