Recently, the performance of altcoins has been remarkable, diverging from the trend of Bitcoin. Last night, it surged significantly, approaching $3700, reminiscent of the market situation from 2020 to 2021. At that time, Bitcoin initiated a major upward wave, followed by altcoins consolidating before continuing to rise, driving altcoins to soar violently.
Although the current Federal Reserve has not released liquidity and market liquidity remains constrained, the situation is different from 2021. However, as long as Bitcoin continues to trigger FOMO sentiment and altcoins maintain their upward momentum, the altcoin season is expected to arrive soon, with multiple altcoins likely to experience explosive opportunities.