Summary
TLDR: Analysts predict altcoin season is approaching, with potential for high returns. Bitcoin’s performance can indicate when altcoins will peak. Low-cap and meme coins may see significant gains. Investors advised to diversify portfolios and research potential altcoins for investment opportunities.
Key Points
1. Altcoin season is anticipated to be around the corner, offering potential for high returns on low-cap cryptocurrencies.
2. The sequence of a typical bull run starts with Bitcoin, followed by Ethereum, Solana, and Avalanche, with altcoins potentially reaching new highs 70 days after Bitcoin’s peak.
3. To prepare for altcoin season, investors should consider diversifying their portfolios with under-the-radar altcoins like Polyhedra Network, Wolf Wif Ballz, Portal, Boson Protocol, VoluMint, and Monai. Conducting thorough research and understanding the risks is essential for successful investment in the upcoming months.