Is alt season coming? The crypto market is too boring right now, analyst says

Core Insights - The current crypto market lacks the volatility that previously drove retail trader engagement, leading to a stagnation in alt season [1][3] - Institutional investors are now dominating crypto trading, focusing on long-term investments rather than short-term price fluctuations, which has resulted in alternative cryptocurrencies underperforming compared to Bitcoin [3][6] - Retail traders are experiencing a poor risk-reward ratio in altcoin trading, contributing to their reduced participation in the market [5][6] Market Dynamics - Previous bull markets were characterized by extreme volatility, with Bitcoin often leading the charge and experiencing significant price increases [1][2] - The absence of retail trader frenzy has made the market feel "boring," causing risk-tolerant traders to seek opportunities elsewhere [4][7] - Despite Bitcoin reaching significant price milestones, retail engagement has remained low, indicating a shift in market participant behavior [6] Future Outlook - Analysts predict that the alt season is unlikely to materialize in the near future, with expectations set for 2025 or 2026 being deemed unrealistic [5] - The overall decline in market volatility has led to Bitcoin becoming less volatile than the stock market, a notable change from previous trends [6]