Bitcoin has been rising, will altcoin season come again?
It will definitely come, there is no doubt about that.
Last month was the altcoin season, just pick a random altcoin's daily or weekly chart (with a few exceptions)
You can basically see an upward trend. However, last month's altcoin season was small.
The big one is still to come. When will the altcoin season arrive? It's hard to give an accurate signal.
I can only say it will be soon; the crypto space is now a very large community.
Bitcoin currently has a 56% market share, and altcoins still have a lot of room to rise.
Only when the market share drops to around 40% can we consider it a true bull peak.
This pattern holds true whether compared to 2017 or 2021.
Although history does not repeat itself, the trends in each cycle are remarkably similar upon close study.
This includes the current cycle and the previous cycle in 2020 as well.
Quality altcoins will rise and fall in tandem with Bitcoin, similar to SOL, SUI, and others.
Weaker ones like XRP, ADA, and others may show a lackluster performance early on but suddenly explode in the later stages.
The most basic holders will miss out on the entire bull market.
So when playing with altcoins, try to diversify your investments unless you encounter something particularly certain that allows for heavy investment.