The altcoin season often begins at the peak position of Bitcoin, with the first time occurring during BTC's attempt to break through $69,000 but failing to do so effectively; the second time was during BTC's attempt to reach $100,000.

The next round of altcoin cycles is likely to begin after BTC stabilizes above $100,000. I cannot predict the future, although I hope this will happen in the first quarter of 2025, based on factual considerations, we may also see a repeat of the volatile market in Q2 and Q3 of 2024 in the coming months — we must be prepared for that.

Although the altcoin season that friends are looking forward to may still require some patience, what is meant to come will come. I do not believe that altcoins will peak here, as I do not think that Bitcoin will continue to rise while altcoins are dying; I also do not believe that Bitcoin will reach a cyclical peak at this level.

So my conclusion is: BTC will continue to rise, and the increase will exceed that of 2024; for altcoins, the theme remains aggressive.

Do not chase the price; instead, build your position during pullbacks.

Gradually build your position. If the price drops by 5%, and you invest all your funds in altcoins at once, then if the market experiences a larger adjustment (such as a drop of 10%, 20%, or even 30%), you may panic and sell.

The correct strategy is: when the price drops by 5%, first invest 10% of your funds. This way, when a larger pullback occurs later (like 10%, 20%, or 30%), you can continue to gradually increase your position, rather than being shaken out by market fluctuations.

What if the pullback does not deepen further? That's okay. Do not invest all your funds at once out of fear of missing out, as this may force you to exit during a deeper pullback.

In a highly volatile market, you cannot perfectly capture every fluctuation. You also do not need to buy at the lowest point or sell at the highest point; just focus on long-term gains.