Crypto enthusiasts on Twitter are spreading information that, historically, altseason began approximately 340 days after the BTC halving.
However, analysts at Matrixport believe that the start of altseason in the near future seems unlikely without a significant surge in liquidity.
The hype surrounding the launch of the Ethereum ETF has subsided, ETH dominance has dropped by nearly 50% in less than a year, and fleeting trends like memecoins WIF and TRUMP end the same way: a sharp rise followed by a steep decline.
Altcoins come and go — only Bitcoin remains.