It is currently difficult to determine whether the altcoin season has fully started, as the altcoin market can never have a clear structure in this round of trends. It is essential to secure profits in a timely manner. A key point here is the depth of the potential pullback for Bitcoin. If it pulls back to 112,000 and confirms it doesn't break that level, it could continue to rise, which would indicate a very positive overall market and possibly trigger a complete start to the altcoin season. However, if it cannot hold 112,000 and pulls back deeper, the altcoins may just be a fleeting phenomenon.

With less than half a year left until the end of the year, how will the script unfold? Will it continue the current surge and create a short squeeze, reaching a peak in September during the interest rate cut, or will we see another bottoming out in August before starting a trend into the fourth quarter? We are looking forward to it; the dawn is already close at hand. Seize the moment and achieve results!