ETH and altcoin season may usher in an explosion
According to historical rules, Ethereum's performance is usually relatively flat within eight months after Bitcoin's halving, because funds and attention are more concentrated on Bitcoin. However, once this stage is over, Ethereum often ushered in a wave of explosive growth.
Recent on-chain data seems to be providing signal support for this trend: since December, the number of newly created ETH wallets per day has exceeded 130,000, a record high in eight months, indicating that market interest is warming up.
According to the rules, the capital conversion effect eight months after the halving may lead Ethereum and altcoins into a fast-growing "altcoin season". During this period, funds may flow into the ETH ecosystem and related high-quality tokens, bringing more opportunities to the market.
Therefore, patiently waiting and rejecting short-term noise may be the best strategy at this moment. Opportunities often come quietly in the accumulation stage after the market cools down. Welcome to follow and don't get lost. Every day, the trends and points of mainstream currencies and popular altcoins will be analyzed. I wish you all good fortune and a fat year together!