About when altcoins will peak
From the subsequent market development, the fifth wave started after BTC bottomed out for the second time on September 6
The third wave lasted for 6 months (September 12, 2023-March 13, 2024)
The fifth wave coincides with the global easing cycle. The Fed is expected to stop shrinking its balance sheet after March next year, and more than 90% of FTX's compensation funds will be received in the first and second quarters of next year.
So it is estimated that the duration of the fifth wave will not be less than 6 months. In this case, the peak time of the Bitcoin bull market is estimated to be March next year or later
The peak time of the altcoin season in the first two bull markets was about one month later than the peak time of Bitcoin, but the peak time of the altcoin in the third wave of this bull market is basically the same as that of Bitcoin, so the peak time of the altcoin in this bull market is also estimated to be in March or later
