The encryption market is experiencing intensified volatility, and October is coming to an end. Where is the long-awaited AltCoin season?

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From the current market situation, the encryption market in 2024 is not as booming as in 2021. There is no prominent zone rotation in the AltCoin market. Some rises are short-lived. The market is in a chaotic state. Yesterday, BTC violently approached its previous high. Many people are saying it's a Bull Market for the encryption market yesterday. In fact, the breakthrough rise of BTC yesterday cannot be called a Bull Market. Just like the BTCHalving and the approval of BTC spot ETF at the beginning of the year, breaking the historical high of 2021 and setting a new historical high of $73,787.1, it belongs to the crazy Bull Market of BTC alone. If a market does not have the booming AltCoins, it cannot be called a Bull Market.
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The current situation in the Altcoin market is that new coins are frequently listed in the Primary MarketClip Coupons, and in the Secondary Marketplay people for suckerssucker. There is also a frequent unlocking trend, causing a sharp increase in the market's Circulating Supply, and the constant threat of delisting at any time, which can also lead to the value of your Tied Up chips dropping to zero at any time. In fact, accelerating the delisting of those garbage coins is not necessarily a bad thing, so the difficulty of operating in Altcoins lies in these factors. It has nothing to do with your understanding of cycles, moving averages, or Candlestick theory. Once delisted and dropped to zero, what else can you say about cycles, moving averages, and Candlestick theory? So, operating in Altcoins requires caution.
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The biggest factor missing in the current altcoin season is the lack of a fuse! I miss the previous AI season, the meme season led by pepe, the SOL ecosystem season, the inscription season, the RWA season, the Hong Kong season, the public chain season... And now it seems like there's nothing, just some individual opportunities driven by the expectation of Trump's election! Every major altcoin hype gives everyone a 10x opportunity! Just like the A-share market now, there are at least 3-5 zones hyped every day, dozens of strong stocks continuously hitting the limit and driving upwards, giving the market confidence! And now, this is what the crypto altcoin lacks! Looking forward to the next hype!
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Next, the market needs to pay attention. If BTC continues to lead, the market focus will shift to AltCoin. Remember, besides BTC, everything else is an altcoin. Pay close attention to the counterattack of VC (venture capital) coins, which may be more powerful than you can imagine. Watch out for new narrative hotspots in the market, whether it's the narrative extension of ETH or the meme culture of SOL, both of which may present new opportunities. After profiting from the AltCoin Main Rising Wave, it is still an effective strategy to switch back to BTC, which can lock in profits and adapt flexibly to the market. Follow Yi Bo Shuo coin for more market analysis and trading advice, seize investment opportunities, and navigate the market trends!