Has the Altcoin Season Really Arrived? The altcoin season that everyone in the crypto world has been waiting for is here. Market funds are flowing into smaller market cap altcoins with greater volatility after the Bitcoin and Ethereum markets stabilize, resulting in a significant price increase. Currently, the following market signals are worth paying attention to:
Ethereum (ETH) is performing strongly, the cryptocurrency greed index has risen significantly, trading in Layer 2 (L2) and Artificial Intelligence (AI) related tokens is active, and discussions about altcoins on social media are heating up.
History shows that "altcoin seasons" usually last for a short duration and come with extremely high risks. Investors, especially newcomers, should exercise extreme caution and avoid blindly chasing price increases. Remember the market saying: "Be fearful when others are greedy, and be greedy when others are fearful." Assess risks rationally to avoid becoming a "bag holder" in market fluctuations.
