The current Crypto Assets market is at a critical juncture, with Ethereum (ETH) taking over the baton from Bitcoin (BTC), but the true altcoin season does not seem to have fully unfolded yet.

Market observers should now shift their focus from the daily fluctuations of BTC to whether ETH can maintain its high levels and whether it can drive other mainstream Crypto Assets to increase in volume.

After nearly half a year of sluggishness, Ethereum has quickly rebounded in the past month, almost reaching its historical peak. However, the performance of most alts remains unsatisfactory, generally down more than 50% compared to the historical high, with some even experiencing declines of 70-90%. This indicates that the altcoin market is still at a relatively low level and has not yet shown a significant rebound.

The main reason for this situation lies in the market cycle. Currently, Bitcoin is in a high-level consolidation state, Ethereum has rebounded significantly, but institutional funds have not yet entered the altcoin market on a large scale. Therefore, the timing for the altcoin outbreak does not seem to have arrived yet.

Although there is controversy in the market about whether an altcoin season will occur, some analysis suggests that the altcoin season is bound to arrive, possibly within the next three months. As the prices of Bitcoin and Ethereum rise, regular investors may turn to relatively cheaper altcoins. In particular, high-quality altcoins that have financial backing are likely to be driven up during this super cycle, triggering a wave of a comprehensive bull market.

However, investors should act cautiously, closely monitor market trends, and reasonably assess risks. The Crypto Assets market is highly volatile, and any investment decision should be based on thorough research and rational analysis.