Quote from: abel1337 on June 16, 2024, 11:55:42 PM

Quote from: sunsilk on June 16, 2024, 08:10:21 PM

I think that I've seen a few of them that have reached a new ATH just for this quarter of the month. What I am scared about is what if we're already in it and then the cycle has changed and by next year, it's not going to be a bull run.

And that's the start of the bearish season.

Everything can be possible to happen at this moment but I'd preferred still to follow the cycle and the altcoin season typically comes after the dominance of BTC goes onto high and then decreases over the period of time and that's how the altcoin's comes next.

It depends on how you see it. There's a chance that the alt coin season is happening already and we are inside a bull market right now but my personal opinion is we are still on the cycle on achieving the bull market so I guess there's still a chance of making profit. There are many altcoin who achieve their all time high, most of them are new coins but there still some coins from the past bull market who achieve to get over their past bull market all time high.

We have different views on the current market right now but for me, I still plan to hold my altcoins until I am satisfied with it.

BNB passed its former ATH and there are some others that I've seen and you're right about most of these altcoins are the newer ones.

But it's safe to say that they've met their ATH because they've been new to the market and there's no past basis yet on how much they have been to say that they're in all-time high, so it's pretty much our assumption that they actually did since there's no comparison yet.

And I agree that this might still going to take longer than expected, there's nothing that much achieved entirely for the market yet.