The Current Round of Altcoin Season

This round has experienced an altcoin season (early 2024 and mid-December), and there will be another altcoin season of this level coming up, but it won't be the typical altcoin season seen during the previous bull market.

In other words, this round's altcoin season is a small-scale rebound of 2-3 times in a mediocre market after altcoins wash down to new lows, while Bitcoin stagnates and consolidates at a new round of highs. Moreover, it is limited to altcoins that either have a certain level of consensus, have active application data, or involve governance and dividend factors.

Especially high-quality altcoins may be stronger and could potentially yield 3-5 times or even 10 times. This round of the bull market is controlled by Wall Street, where they team up with the loudmouth of old Trump to make crazy ambushes, create hype, and run away, leaving retail investors in a terrible situation.

It is not ruled out that in the next two or three months, those institutions may turn to operate Ethereum as the main line of the market (after all, its potential is large enough), ultimately causing the recent bottom-fishing altcoin investors who exchanged their altcoins for Bitcoin to get cut one last time.