Will the altcoin season be triggered in the crypto market again?
1. Historical patterns and current status of altcoin seasons
In the cryptocurrency market, the altcoin season typically refers to the phase when funds flow into small to mid-cap altcoins after Bitcoin rises, driving significant increases. Historically, Bitcoin halving events often serve as catalysts for bull markets, followed by an explosion in altcoins. After the Bitcoin halving in 2024, a rising trend in the market did appear; however, as of now, there has not been a comprehensive explosion of altcoins, except for individual sectors like meme coins.
2. The impact of the current market environment on the altcoin season
1. Market sentiment and capital flow