The altcoin season will definitely come; it's just that the time hasn't arrived yet. It's been about a month since I said that, and this picture has been used for a long time, but I don’t think now is the time for the altcoin season to start. At least during BTC's decline, there won't be much capital entering altcoins. At this stage, even if there is overflow capital coming out of BTC, it may not flow into altcoins. Do you remember my weekend theory I mentioned two weeks ago? It is when liquidity is low, if the sentiment is bullish, then the price trend will be good. Personally, I lean towards the idea that even if altcoins rise during the Christmas period, it may not indicate that the true altcoin season has begun.
It's a bit unreasonable to say that we are at a peak of sentiment. When BTC is dropping due to panic, and funds are rushing to altcoins for safety, I have some doubts. Of course, I still believe the altcoin season will definitely start, but it’s more likely to occur during periods of high sentiment. BTC may not skyrocket, but it definitely shouldn’t happen during times of investor panic.
Recently, I plan to set up for a potential coin that is ready to explode. Doubling is quite simple, and I am also looking for some potential coins to hold until the end of the year, with an expected upside of over 10 times being no problem. If you want to follow along, leave a message, follow, like, and join.