Altcoin Season Uncertain: Bitget CEO Forecasts Market Skepticism until 2026

The cryptocurrency market is facing a period of uncertainty, with Gracy Chen, CEO of the prominent exchange Bitget, predicting that a widespread altcoin season may be unlikely for several years. Her statement reflects a cautious outlook on the near-future performance of altcoins, particularly in the year 2025. Chen cites several factors contributing to this pessimism: the recent market downturn impacting altcoin valuations and leading to decreased investment opportunities for early-stage Web3 projects. This challenging environment has left retail investors exposed to substantial risks despite potential returns.