According to TechFlame, on August 5, Matrixport released today's chart saying that although the market continues to talk about the “bullish market for altcoins,” there have only been two short rounds of rebound so far, concentrated on a few projects, and the overall market has lacked continuity. Although there was phased activity in the fourth quarter of 2024

, it failed to spread widely.

Overall, there is a lack of fundamental support behind the rebound, making it difficult to push the market to develop continuous upward momentum. We remain cautious and believe that this round of growth may be difficult to maintain. The rapid decline in capital rates also shows that bullish sentiment has yet to be gathered effectively, and market popularity remains to

be seen.