When will the altcoin season really come?
To illustrate with the metaphor of looking for a sword on a boat, a major market trend will first welcome a small altcoin market, followed by a slight adjustment before the arrival of the second wave of a major altcoin market!
Currently, this round of market has lasted for three months, and the Bitcoin dominance has also decreased. After about four weeks of fluctuations, the adjustment time is in place, which provides a foundation for the altcoin explosion. Don’t rush into fully investing in altcoins; the arrival of the altcoin season requires not only Bitcoin but also sufficient emotions and fund overflow.
For a true altcoin season to come, Bitcoin needs to rise steadily, and Ethereum must maintain a strong upward trend. The combination of these two is the best driving force for emotion and funds. Everyone can recall that in November, the small strength of altcoins experienced the BTC draining phase, coupled with Ethereum frequently breaking through resistance levels. Looking back during the BTC draining phase, and then to Ethereum's surge, many altcoins completed more than 2-3 times the movement during this phase, and even weak ones had over 50%. Therefore, without meeting these conditions, it is difficult for altcoins to have a comprehensive explosive day.
Back to the topic, saying this is not to undermine everyone’s confidence and expectations, but to make everyone understand that while we anticipate the altcoin season, we must also be wary of the risk of downturns. Once Bitcoin and Ethereum start to adjust, altcoins will also face adjustments, so we just need to prepare for the market conditions in whichever stage we are in.
The altcoin season will not happen directly here, and the real expectations will be altered by the statements released after Trump takes office, along with the influx of funds. Relying solely on the current funding situation, it is difficult for altcoins to meet everyone's expectations.