The current foundation for the launch of the altcoin season is present. Combining the main 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 that ETH starts to rise significantly. Then platform tokens, public chains, and leading projects in other sectors all need to show K-line increases from the lowest to the highest of 5-10 times or even higher.
In other words, based on macro perspectives, on-chain data, fundamentals, etc., the judgment is that during Q1 of 2025, ETH needs to start a significant rise, with good results from both on-chain and secondary markets. However, there are also points to note:
1. Altcoin season. It does not imply a universal rise, even in the crazy bull market with massive liquidity like in 2021, funds were mainly concentrated in public chains, memes, games, and the metaverse. The leading projects in these four sectors saw significant increases, whereas DEFI, well, it was strong in the first half and then weakened in the second half. During the main upward trend from the end of 2023 to early 2024, the significant rises in altcoins were still in public chains and memes, for example, during that time, TAO, SEI, SUI, NTRN, WIF, BONK, etc., saw substantial increases, with K-line increases from the lowest to the highest of about 5-10 times. Then there's AI, like WLD, etc. In DEFI, only the leading ones performed well, while others were dormant, and games were even worse.
This time, along with the major rise in November-December 2024, it will be public chains, AI, and memes that will surge. A small number of leading DEFI tokens will also benefit. So in the coming time, the market's favor will still be towards AI-related assets, MEME, AI + MEME, public chains, and then macro aspects from the U.S., like coins promoted by global influencers. Those who understand, understand.
2. Based on the logic above, the timing for bottom-fishing is now; there are still relatively low opportunities to buy the dip. Why? Because BTC and ETH are still at low levels. Correspondingly, the projects in the popular sectors I mentioned above can be timed for entry. Of course, if you are afraid and want to wait for more certainty, that's fine. But that would mean you are chasing highs. There are still opportunities to make money, but once you make it, you must exit; you must leave before the trend ends. Remember, otherwise, getting stuck could take a very long time. Friends, manage your positions accordingly.
