How to plan for the altcoin season? There are currently two directions:
1️⃣ Bitcoin attracts funds, and altcoins are temporarily stagnant. At this time, we can only wait.
2️⃣ If funds flow to Ethereum, the rise of Ethereum will drive the altcoins to chase the rise, and then we can follow up.
But if Bitcoin pulls back, the altcoins may fall more violently, and the flooding phenomenon is difficult to avoid. We should wait and see for now. As for the future, with Trump taking office in January next year, the market is expected to rise. Judging from the trend of the United States using Bitcoin as a strategic reserve, other countries and large companies have also begun to join, and Bitcoin is expected to continue to hit record highs.
For altcoins, historical rules show that 7 months after halving is usually the altcoin season. After the halving in April 2024, it is expected that altcoins will soar in November-December, and you need to plan in advance to enter the market.
For example, $XRP , who entered the market at around 0.5 on November 2, has made a profit of 440%, and $ENS , who entered the market at around 17.5 on November 21, currently has a profit of 140%. At the same time, they are also looking for meme coins on the Solana chain, and expect to make a 30-fold profit at the end of the bull market next year.