Recently, the market sentiment for #山寨季何时到来 has gradually warmed up, and the altcoin bull market (altcoin season) is gaining attention. According to various analyses, signs of an altcoin bull market are already emerging for 2025, which is expected to fully explode within months after the Bitcoin halving, potentially lasting for several weeks to months. Currently, Bitcoin's dominance remains relatively high, and altcoins have not yet significantly outperformed Bitcoin. However, capital flow and market hotspots have begun to tilt towards some quality projects, with sectors such as MEME coins, DeFi, and AI showing active performance. It is recommended that investors closely monitor changes in BTC dominance and market liquidity, seize opportunities at lower price ranges, reasonably diversify investments, and patiently wait for the true arrival of altcoin season.