币界网报道:June 27 (UTC+8), during the 2020-21 altcoin season, the market experienced a 15-16 month consolidation phase, capitulation sell-offs in the March crash, and then entered an 8-9 month expansion period. The current 2024-25 cycle has lasted 16-17 months of consolidation, and the April crash is seen as the final capitulation phase. With the expectation of interest rate cuts and pro-cryptocurrency regulatory policies approaching, analysts believe that altcoins may enter a sustained upward trend, but the increase will be different from the 2020-21 cycle.