I wouldn't call this the altseason just yet. I know that we are doing fine, but it is not there yet. The start of it for sure, we have started something, but we are not there yet. You know that alt season starts when you see things not at ATH, because that's good, but not enough, you see alt season starting when it's stupidly high and you question yourself "how is this so high?"
Because you literally start to see things that are higher than it should ever be, and you are wondering to yourself how that even went that high. That's when you start to understand you are in the alt season. Right now everything is at a realistic level, nothing is at a stupidly high level. It would be like as if ETH was 10k. Not saying that's what will happen, but if it did, then you would say that's the real alt season.
I'm a bit more cautious about the start of the altcoin season, as ETH hit $4,500 today and we've begun a rapid rise. It's important to remember that these rises can be fraught with pitfalls, so I can't say we've truly begun. But I still think we're close. Current prices resemble those post-halving cycles. For ETH, I think it'll reach a peak price of $10,000-$11,000, but it's difficult to predict what that will be. Everyone is hyped and making predictions like 20-30k, these prices seem a bit exaggerated to me, to be honest.