Will there still be a season of altcoins in the cryptocurrency market? When will it be the turn of altcoin festivities?
If we say that the cryptocurrency market still has cyclical patterns, with Bitcoin and Ethereum reaching new highs one after the other, will this round of bull market still enter a bear market after the explosive 'altcoin season' like before?
Or more directly: Will there be a widespread explosion of altcoins in this round?
Any old player who has experienced a round of bull and bear market transition knows that the previous rhythm was very clear: Bitcoin hits a new high first, then funds sequentially flow to Ethereum, mainstream coins, large, medium, and market-cap altcoins, and finally, small market-cap altcoins bloom in abundance. After the climax of the 'altcoin season', the market gradually cools down, and the bear market begins.
From the indicators on this chart, it can be seen that at this current stage, we seem to be in the first phase before the arrival of the 'altcoin season'—still in the dominance period of Bitcoin and Ethereum. Funds have just begun to flow from Bitcoin to Ethereum, while the altcoin sector as a whole has not yet shown clear signs of a comprehensive start.
In fact, as long as you understand the basic structure of the market, you will realize that the rotation of funds is inevitable, and the 'altcoin season' will certainly come. However, unlike before, this time its form is likely to be neither as neat nor as comprehensive as in the past.
We must recognize that with the continuous expansion of the cryptocurrency market, the number and types of altcoins are now incomparable to the past. Nowadays, altcoin projects in the market are varied and countless, with funds being extremely dispersed, making it difficult to support a 'comprehensive frenzy' where all altcoins rise and fall together.
Therefore, it is highly likely that only a 'partial altcoin season' will occur.
By then, the market's attention and funds will concentrate on a few strong sectors and individual projects, which often possess strong narrative power, highly active community consensus, and ample liquidity support. Meanwhile, the vast majority of coins lacking highlights may still remain unnoticed and ignored by the market.
Some of the increases we see now may just be the appetizer. As for the real main course, that wave of heart-pounding 'altcoin explosion', when do you think it will be served?
No one can give a 100% answer, but opportunities are always reserved for those who prepare in advance.
