Bitcoin has been rising, will the altcoin season come again?
It will definitely come, there is no doubt about it.
Last month was the altcoin season; just pick any altcoin's daily or weekly chart (with a few exceptions)
You can basically see an upward trend. However, last month's altcoin season was small.
The big one is still to come. When will the altcoin season arrive? I cannot provide an accurate signal.
I can only say it will be soon, as the crypto community is now very large.
Bitcoin currently holds a 56% market share, and altcoins still have a lot of room for growth.
Only when the market share drops to around 40% can we consider it a true market peak.
This pattern is the same compared to 2017 or 2021.
Although history does not repeat itself, the trends in each cycle are remarkably similar when studied closely.
This round's trend is also very similar to the previous round in 2020.
Quality altcoins will rise and fall in tandem with Bitcoin, similar to SOL, SUI, and others.
Weaker ones, like XRP, ADA, etc., may start off lukewarm but suddenly explode in the mid to later stages.
The most basic holding strategy will miss out on the entire bull market.
Therefore, when investing in altcoins, try to diversify, unless you encounter something with particularly strong certainty that you can invest heavily in.