I want to share my own thoughts. These are just my reflections against the backdrop of some analytical data.

Key signals indicating the approach of an active phase:

1. BTC Dominance is decreasing — it has already fallen to ~52.3%, and if it breaks 50%, it will give a boost to altcoins.

2. ETH/BTC shows strength — when ETH starts to outperform BTC, capital flows more actively into altcoins.

3. Trading volumes of altcoins are increasing — especially in the sectors of GameFi, AI, L2.

4. Total2 (capitalization of altcoins without BTC) — is currently at a breakout stage. If confirmed, we will get a strong impulse.

Forecast for the active phase:

• Phase #1: early alt season (already ongoing) – started at the end of April – beginning of May.

• Phase #2: active growth of altcoins (impulse) – expected from May 15–25, if the market does not “hang”.

• Phase #3: peak of the alt season – potentially in July–August, when even meme coins and tokens with small market cap rise.

But bad or good news can change everything.