A lot of you guys are asking me if when will be the next ALTSEASON.
Well, here's my answer....
ALTSEASON moves in PHASES.
PHASE 1: This phase starts before the halving. It is where the ALTCOINS started to rally just before the HALVING event.
PHASE 2: This phase is considered as a PAUSE. It is where ALTCOIN normally have a PULLBACK. But once it breaks the previous peak, we will see the next phase.
PARABOLIC 1: This phase shows strength. A strong PARABOLIC move can be observed in ALTS. It is observed in a short period with massive gains. ALTS can do 2x-5x in this rally. PULLBACK: This phase is a short relief. This is to make sure that there will be a second rally.
PARABOLIC 2: This phase is not as strong as the first, but it gives you additional gains in your ALTS. This can be your final chance to sell your ALTS if you haven't taken any profit in the first rally.
Where are we right now?
The chart shows that we are still in the middle of PHASE 2. This means we can still add some ALTS to our bags before PARABOLIC PHASE starts.
When is ALTSEASON?
We can't exactly pinpoint the exact date. But according to previous data, we can assume around Nov to Dec 2024.