One rather overused term in crypto are "seasons". I admit getting sometimes a bit lost whether we have now "altcoin season", "memecoin season" or whatever else. There are also people who have theories about which season follows which. Was wondering - is their anything more than anecdotal evidence for the existence and order of said "seasons"?
IMO, the "altcoin season" in the crypto market is when cryptocurrencies other than Bitcoin start to appreciate sharply, creating great interest and liquidity in the investment community. Often altcoin season occurs after Bitcoin has experienced a steady uptrend or a slight decline in price. I think altcoin season can be a good opportunity for investors to diversify their crypto investments. However, it should be noted that altcoins are more volatile than Bitcoin, which means higher risk for investors. Therefore, investors should have a careful investment strategy and not invest too much in a particular coin.
Investing in cryptocurrencies is a process that requires knowledge and experience in the financial markets. Before investing any amount, investors need to carefully study the market and constantly update new information to make a reasonable investment decision.