As I explained it yesterday, I think the main reason is BTC halving months.
I assume the main reason is BTC halving years. BTC dominance tends to be strengthen in BTC halving years so far. As long as the BTC dominance indicates strong, It shrinks weak hands' altcoiners.
Alright, let's take a look at the past halving schedules.
What's the common thing? BTC halvings have occured in the early summer or summer. So, I think it's not coincidental that the altcoin market has been bearish during the summer.
I don't want to make this kinda mistake in 2025 when this cycle will likely finish 🙏