The explosion of altcoins often follows closely after the peak of Bitcoin. We can divide it into three phases:

Phase One: Bitcoin Leads the Way

Expected Time: From the 2024 halving to early 2025. This is a market dominated by Bitcoin, with most funds chasing 'digital gold', while altcoins remain in a quiet period.

Phase Two: The Awakening of Smart Contracts Led by Aunty

Expected Time: The first half of 2025. Institutional funds flow towards smart contracts and infrastructure assets.

Phase Three: A Cycle of Madness and Despair

Expected Time: From mid-2025 to the end of the year. Retail investors enter in large numbers, 'meme coins' flourish, and funds rotate rapidly. At this time, the ability to discern opportunities from traps is especially important.