Recently, the cryptocurrency market has shown interesting trends. Bitcoin's price has temporarily consolidated, while Ethereum has been active, attracting the attention and questions of many investors.
This phenomenon actually signifies the arrival of the 'altcoin season.' Investors who have experienced multiple bull and bear cycles are familiar with this pattern: usually, Bitcoin rises first, followed by Ethereum, then other mainstream tokens, and finally extending to various small-cap tokens.
Currently, Ethereum, as the 'king of altcoins,' has begun its upward journey. Market analysts expect Ethereum to first reach the $3,300 mark, and if the momentum is strong, it may even challenge the $3,600 high.
It is noteworthy that Solana (SOL) has not yet shown significant signs of an increase, which could provide investors with a potential entry opportunity. However, investors should act cautiously and fully assess the risks.
The rotation effect in the cryptocurrency market reflects changes in investor sentiment and the shift of capital flow. As the market enters a new phase, we may see more tokens experiencing significant price fluctuations.
For new investors entering the market, understanding these market rules is crucial. However, whether experienced traders or novices, everyone should remain vigilant and manage risks, as the high volatility of the crypto market can bring substantial rewards, but also comes with corresponding risks.
