Cryptocurrency analysts have various predictions on when the new altcoin season will arrive. Analysts are reportedly divided on the timing of the altcoin season, noting that altcoins are currently underperforming.
Some analysts believe that the altcoin season could arrive next year, as Bitcoin currently leads the market. However, there are also analysts who predict that the altcoin season, led by Ethereum, will arrive earlier.
Cryptocurrency analyst Miles Deyster believes that the current market is still a long way from an altcoin bull run. He noted that despite Bitcoin’s record highs and memecoins also showing an upward trend, altcoins have lagged significantly behind.
Deyster explained that altcoins have been underperforming this cycle, and Bitcoin has led the market after the launch of spot ETFs. Despite this, cryptocurrency investor Lea Helfin still cited some bullish factors, including the approval of Bitcoin and Ethereum ETFs and celebrity endorsements. She believes that the market is moving away from the bear market and preparing for the next big move.
Helfin noted that factors supporting this outlook include the approval of Bitcoin and Ethereum ETFs, Trump's support for cryptocurrencies, the end of the halving cycle, and a court ruling that Ethereum is not a security. #Meme板块普涨 #美国PCE数据将公布 #美联储何时降息? #内容挖矿FLOKi