I have already felt the arrival of the altcoin season, and the market has begun to blossom: $SUI, $FTM, $SEI, and $NEAR on the L1 track have performed well; $TAO, $FET, and $ARKM on the AI track have also shown strong momentum; $TIA, $ALT, and $DYM on the modular track have shown potential; $AAVE and $PENDLE on the DeFi track continue to exert their strength; $RONIN, $IMX, and $SAGA on the game infrastructure track are also eye-catching; $SATS on the inscription track cannot be ignored. Compared with September and October last year, this round of altcoin market started earlier and the tracks involved are more diversified. Considering the favorable factors such as the fading of the VC coin valuation bubble, the settlement of the Mentougou compensation issue, the start of the US dollar interest rate cut cycle, and the upcoming entry of FTX compensation funds, the altcoin season has indeed arrived.