In the early days of crypto, altseason felt like a rising tide that lifted all boats. Back in the 2017-2018 cycle, the market wasn’t crowded with thousands of coins, derivatives trading on alts was rare, and altcoins typically traded in Bitcoin pairs. When the market saw bullish sentiment, nearly everything moved up together. It was a unique time, with many altcoins experiencing meteoric rises just because they were in the right place at the right time.
Today’s market is far more complex, and that broad-based, across-the-board surge just doesn’t happen anymore. Instead, we see money rotate quickly, as traders chase high returns in hot trends, like meme coins or new blockchain ecosystems. Narratives shift quickly — what’s in favor today might be forgotten tomorrow. Large accounts promoting the idea of another massive altseason are, in many cases, capitalizing on nostalgia, fueling unrealistic expectations for gains that may never come.
The current environment demands a different approach: adaptation, research, and trend-spotting. Those who succeed now are the ones who actively track the hottest narratives, identifying opportunities in specific sectors rather than waiting for a generalized altcoin boom. The market now rewards traders who pivot quickly and recognize emerging trends with staying power, whether it’s Layer 2 scaling solutions, AI-integrated blockchain projects, or specific DeFi niches.
So, if you’re still holding out for a 2017-style altseason, it may be time to let go of that idea. The market has evolved, and broad, indiscriminate pumps across all alts are unlikely to return. Thriving today means getting sharp, putting in the work, and staying agile.