The foundation for starting the altcoin season is present, combined with the major upward trends from the end of 2020 to November 2021 and from the end of 2023 to early 2024. An important indicator for the altcoin season is a significant rise in ETH. Then, platform tokens and leading public chains, along with other sectors, should see K-line increases ranging from 5 to 10 times or even higher.

In other words, based on macro factors, on-chain data, fundamentals, etc., the judgment is that during the first quarter of 2025, ETH needs to start a significant increase, and both on-chain and secondary markets should yield good results. However, there are points to be cautious about:

1. Altcoin Season. It does not mean a universal rise; even in the frenzied bull market of 2021, funds were primarily concentrated in public chains, meme coins, gaming, and the metaverse. The leading altcoins in these four sectors surged significantly, while DEFI had a tough first half and faded in the second half. Then, during the major upward trend from the end of 2023 to early 2024, the main surges in altcoins were still in public chains and meme coins, such as Tao, Sei, Sui, NTRN, WIF, Bonk, etc., which saw significant increases, with K-line increases from minimum to maximum around 5-10 times. There were also AI-related tokens, like WLD, etc. In DEFI, only the leading ones performed well, while others remained dormant, and gaming was even less noteworthy.

This time, along with the major rise in November-December 2024, the significant increases will be in public chains, AI, and meme coins, with a small number of leading DEFI projects. Therefore, in the upcoming period, market funds will favor AI-related projects, MEME, AI + MEME, and public chains, along with macro trends in the US, such as coins promoted by world-famous influencers. Those who understand will understand.

2. Based on the above logic, there is still an opportunity to buy at relatively low levels. Why? Because BTC and ETH are still at low positions. Correspondingly, the popular projects in the sectors I mentioned above can be timed for entry. Of course, if you are afraid and want to wait for more certain opportunities, that’s fine. But that means you will be chasing the high, and there are still opportunities to make money, but once you do, you must exit before the trend ends.

Remember, otherwise, being stuck could last a very long time.