When will the altcoin season of the market leaders arrive???
Let's take another look at the starting time, duration, and increase of the second phase of BTC in December 2020.
Figure 1
On the 14th, it had not yet started. The second phase of the upward trend (the third wave) was from December 16, 2020, to January 8, 2021, lasting 23 days, with the price rising from $19,237 to $41,950, an increase of 117.66%. Starting from January 9, 2021, it underwent a one-month adjustment (from January 8, 2021, to February 7, 2021). For the current situation, BTC is expected to start within a week after December 14, 2024.
Now let's look at the overall performance of the captain of the altcoin season, ETH during the same period.
Figure 2
ETH also followed BTC in starting the second wave upward, but unlike BTC, it did not enter an adjustment after the rise; instead, it continued to fluctuate and rise, clearly outperforming BTC. In other words, the altcoin season (ALT SEASON) has just begun. Comparing Figures 2017 and 2021, it is about to happen again. The recent period from November 24 to December 4 was merely a valuation return.
Figure 3
Therefore, the next 6 months may be the most profitable six months of your life, with the greatest gains belonging to those who seize the opportunity. This has been the case in every cycle. The years 2024-2025 will not be any different.
Figure 4
Many people believe that a bull market means endless increases — buying any currency, sitting back, and waiting for a 100-fold rise. However, the reality is not that simple, so stay alert and keep learning.