I’ve noticed something interesting on social media lately—people have almost stopped talking about altseason. Before, this word kept popping up all the time, but now? Total silence. Santiment data shows that mentions have fallen to a two-year low.

Usually, this sounds like a bad sign, but in fact it could be exactly the opposite. What an altseason is, first of all, is an indicator of retail greed. When everyone is shouting about altseason—that’s the peak. When nobody is talking—large players start accumulating. History shows a clear correlation: after periods of silence, prices rise.

Understanding altseason as a phenomenon helps you see the market differently. And right now, altcoins really are in trouble—Dogecoin is down 75%, Solana has lost 60%, and Cardano has fallen by 70%. Capital is moving into биткойн and стейблкоины, not into small tokens. So why celebrate? Really—why.

But look at the blockchain. The number of wallets with 100+ BTC has, for the first time, come close to 20,000 by the end of February. This is a sign of accumulation on the decline. The Индекс страха и жадности has been in the zone of extreme fear for months. People are searching on Google for “биткойн to zero,” not “best crypto to buy.”

The point of altseason isn’t just about prices—it’s about market psychology. When apathy is at its maximum, when nobody believes and nobody talks, that’s exactly when preparation for the move begins. Of course, for altcoins, you first need the стабилизация of биткойн amid the current geopolitical pressures. But the mood is already turning over. Maybe silence isn’t a sign of the end, but a sign of the beginning?