What are preconditions for Altseasons?
I've been thinking about it for the last several years.
I think the first thing is.. after surpassing the previous ATH(All Time High) of BTC(Bitcoin), it needs to record new ATH(All Time High), continuously.
The next one is.. ETH as well.
So, what about now? BTC(Bitcoin) is near $62k. It's the worst price this year. Additionally, the sentiment of the crypto market is worse than before.
If BTC doesn't break the current ATH this year, even though money moves into the altcoin market, rates of increase will be limited. That means, small altseason scenario makes sense rather than Altseason 3.0.
