Will there be this problem in the alt season? What is important is the performance of Ethereum ETF after it is approved. The result will be released in August at the latest. Before that, it is time to lay out.

A few points to note are

1. The expectation of interest rate cut has not come, but this expectation is on the way, which is equivalent to external water release. In addition, everyone wants to fight for the crypto market cake in the US election.

2. There will be a bull market in this round of alts, but because the volume is too large, the increase is smaller, the sectors are scattered, each sector has the ability to attract, and the degree of dispersion of funds will be far greater than before, so most of the alts will not have a trend like meme.

3. Ethereum ETF is very important for the start of this round of alt bull market. You can see that the ETF can also drive the rise of alts through the market's expectations for the big cake. Ethereum is equivalent to the leader of the alt, which will bring buying sentiment to all coins.

4. The total market value of the alts is now close to the bull market, but there are still many coins that have not outperformed the market, indicating that the market has entered a new normal. It will not be like the last round of bulls, where all sectors and projects join hands with ATH to continuously create new highs. This round will test your ability to select coins more.