Altcoin Market on the Verge of a Correction

🟪The altcoin market has shown impressive growth, but venture capitalist Felix Hartmann from Hartmann Capital warns of a potential correction. Institutional investors have begun taking profits, contributing to increased volatility. According to Hartmann, altseason may have peaked: funding rates exceed 100% annually, and spot market volumes are declining.

🟪The expert predicts a sharp downturn, referring to it as “killer candles.” Developer teams and funds are already securing profits, adding pressure to the market. A similar scenario in 2021 led to a collapse, with Solana (SOL) dropping from $248 to $89 in just two months.

🟪However, some traders believe the rally could continue if new investments flow into the market.