The crypto market turbulence has intensified, and as October draws to a close, where is the long-awaited AltCoin season?

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From the current market situation, the 2024 crypto market is no longer as spectacular as it was in 2021, and there is no prominent zone rotation in the AltCoin market. Instead, there are short-lived surges, and the market's hotspots are quite chaotic. Yesterday, BTC's violent surge almost reached the previous high. Regarding the frenzied and chaotic trend of the encryption market yesterday, many people are calling it a Bull Run. In fact, BTC's breakthrough surge yesterday cannot be considered a Bull Run. Similar to the BTCHalving at the beginning of the year and the approval of BTC spot ETF, breaking the historical high set in 2021 and reaching a new historical high of $73,787.1, it is a crazy Bull Run unique to BTC. If a market does not have the spectacular performance of AltCoins, it cannot be called a Bull Run.
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The current situation in the Altcoin market is that new coins are launching in droves. The landscape includes Primary MarketClip Coupons, Secondary Marketplay people for suckerssuckers, as well as frequent unlocking waves, leading to a sharp increase in the market's Circulating Supply. Moreover, there is the constant threat of delisting, which could cause the chips you are Tied Up in to drop to zero at any time. In fact, accelerating the delisting of these garbage coins is not necessarily a bad thing. Therefore, the difficulty in trading Altcoins lies in these factors, and has nothing to do with your understanding of cycles, moving averages, or Candlestick theory. Once delisted and dropped to zero, what use are cycles, moving averages, or Candlestick theory? Therefore, trading Altcoins requires caution.
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One of the biggest factors missing in the current altcoin season is the lack of a fuse! I miss the previous AI season, the meme season led by PEPE, the SOL ecosystem season, the inscription season, the RWA season, the Hong Kong season, the public chain season... And now it seems like there's nothing, only some individual opportunities driven by the expectation of Trump's election! Every major altcoin speculation will give everyone a 10x opportunity! Just like the A-share market now, there are at least 3-5 zones continuously hyped every day, and dozens of strong stocks driving up to give the market confidence! And now, this is what the crypto altcoin lacks! Looking forward to the next speculation!
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Next, the market needs to pay attention. If BTC continues to lead, the market focus will shift to Altcoin. Remember, except for BTC, all others are altcoins. Pay close attention to the counterattack of VC (Venture Capital) coins, which may be more powerful than expected. Watch whether the market will have new narrative hotspots, whether it is the narrative extension of ETH or the meme culture of SOL, both may be new opportunities. After profiting in the Altcoin Main Rising Wave, switching back to BTC is still an effective strategy, which can lock in profits and maintain flexible response to the market. Follow Yibo's coin for more market analysis and operational advice, seize investment opportunities, and control the market situation!