Altcoin season hasn’t arrived yet because Bitcoin isn’t in a strong bullish phase. Maybe once Bitcoin hits around $200K, that’s when we can expect altcoins to follow.

But here’s my doubt, as Bitcoin continues to attract more attention from institutional investors, the strength of altcoins seems to be weakening.

So what might happen isn’t a full-blown altcoin season like before, but rather just a few select altcoins pumping and reaching new all-time highs. We might not see the same crazy altcoin rallies of the past where some coins went 100x from their original price.