Altcoins generally saw a slight increase, is it the season for altcoins now?
Although altcoins have generally experienced a brief slight increase, it is clear that it is not the season for altcoins yet, but I believe the season for altcoins will definitely come.
Let's take a look at the path to the altcoin season.
Step 1: Bitcoin Phase
Funds flow into Bitcoin, causing the price to surge.
Ethereum fluctuates in competition with Bitcoin and begins to surpass Bitcoin.
Step 2: Ethereum Phase
Ethereum's performance outshines Bitcoin, and people start discussing the possibility of "Ethereum flipping" (i.e., Ethereum's market cap surpassing that of Bitcoin).
Step 3: Major Market Cap Coins Phase
Ethereum's performance continues to outperform Bitcoin, and the prices of major market cap coins show a parabolic rise (exponential).
Regardless of market cap size, some altcoins with strong fundamentals begin to emerge.
Step 4: Altcoin Season
Major market cap coins have completely surged vertically, and we begin to see top signals.
Medium, small, and micro-cap coins almost all start to rise at the same time.
Major market cap coins outperform Bitcoin and Ethereum.
It seems like every coin is rising parabolically, regardless of fundamentals.
Various "meme coins" flood the market, and everyone is very excited,
A frenzied atmosphere pervades the market.
Clearly, given the current situation, Bitcoin has not broken through 110k after breaking through 100k, remaining stable in the 101-105 range, while Ethereum, which many said was weak before, jumped directly from 1750 to 2500, and just a few days ago broke through 2700.
So everyone, be patient, the market bull is about to arrive, and don't miss out on the big trend.
Instead of blindly guessing, it’s better if everyone contributes together.
