Will there be another ALT SEASON season?

I'm starting to get this feeling that we might get a replay of the 2021 cycle where there were two ‘humps’.

The first hump was led by BTC with a fervent ETH-ecosystem alt season before a harrowing collapse and then a second hump along with SOL-ecosystem alt season.

SOL’s ecosystem exploded along with its price. Questionable where the bid came from, but nevertheless a fresh narrative captured the minds of crypto participants.

Additionally there was also terra luna which became a religion, dydx hit ATHs and bored apes started minting multiple multi-millionaires during the second alt season as well.

If we get something similar, we might get a similar switcheroo type scenario.

The recent alt season was a SOL based memecoin, ai led cycle, with select out-performers in ETH-adjacent ecosystems like HYPE, Virtuals and perhaps ENA, but most of the new retail were sucked into SOL memes.

Perhaps this time, we get a back-to-ETH rally?

I’m having a bit of trouble finding fundamental reasons for this, but the only one I find remotely persuasive is a massive mechanical short squeeze re-igniting interest in the ETH eco-system again. As narrative follows price.

It's a bit too early to tell so will be looking for signs, but dare I say it... ETH looks good here???

Some contenders for the swing trade

ETH comeback

AAVE, PENDLE, ENA, LDO comeback?

HYPE continuation

Fartcoin the fresh memecoin for retail

TAO returns?

Perhaps even some BTC betas get some time in the sun for once? ORDI, RUNES etc