There can never be a altcoin season, because in the value storage domain, big cryptocurrencies dominate. They mainly serve to replace gold, which creates a strong network effect where the strong get stronger. Bitcoin will forever widen the gap between itself and other coins, leaving only gold as a competitor, with a total market value of 25 trillion dollars. If you don't understand why there is no altcoin season, think of Bitcoin as the US dollar and altcoins as the South African rand or the Turkish lira, and you'll understand. Then, to expect these South African rand or Turkish lira to surpass the US dollar is 😂.

Despite a significant decline in the market at the beginning of the year, many cried 'the end of the bull market,' but the reality is different. After a brief correction, Bitcoin rebounded strongly, once again proving the resilience of the bulls.
Looking back at January this year, after Bitcoin surged to a new high of about $108,000, it encountered a correction, dipping to around $74,000, but immediately thereafter, a strong V-shaped reversal occurred.
From a technical perspective, Bitcoin has long since broken through its downward trend line, gaining support in key liquidity zones, and has established a higher high and higher low upward structure. Many technical analysts view the 4-hour EMA200 as the bull-bear dividing line, and the current Bitcoin price remains firmly above this average line.