Recently, I have seen a lot of discussions about the postponement of the "altcoin season". Everyone is quite confused. What exactly is the altcoin season? Let me share my views:
First of all, I am not sure how everyone understands the "altcoin season".
From September 2023 to March 2024, is this wave considered an altcoin season? BTC rose from 25,000 to 71,000, nearly 3 times
Is this wave from early August to late December considered an altcoin season? BTC rose from 50,000 to 108,000, doubling
Why was the altcoin wave in March 2024 so fierce? Because the main uptrend of BTC has just begun, and the altcoin has been bearish for 1 year before that
