Altcoins are not yet in bull run it is expected to rise once bitcoin has hit it's target, there are alot of people waiting for this to happen but I see this in my own way to kick start by the new year definitely 2025 because now everyone is supposing Bitcoin to have it's balance before the year ends and we are seeing a positive result towards that, and if it happens then altcoins can rise.
Sometimes they perform very well when Bitcoin becomes more or less stable as the market focuses on other assets. If we observe the historical trends, such momentum establishes new openings in the altcoin market. Even though the attention remains on Bitcoin itself we can work on getting ready by researching altcoins that have solid use cases and a community. But of course, forecasting the timing of altcoins’ daily increase, probably, is not an easy task at all. However, we can also persistently keep track of the market situation and adhere to such trends that could be identified based on actual data and market analysis.
This is the first time in the history of Bitcoin bull run that Ethereum wasn't taking along and more reason why I'm skeptical if this indeed is a bull run for the crypto market or Bitcoin and meme bull run, these two coins are the actual coins that are moving, the previous coins on the market seems like they are sleeping and waiting for another fomo or Trend to use as bull run.
Another thing I'm looking is that I think people are so disappointed with the altcoins that we have already on the market. They have promised alot of people about things they want to do but they are just empty promises on paper, this is why people aren't fomo again in this market.
The observed Bitcoin performance relative to which Ethereum and other altcoins do not rise and fall is fascinating. This could be a signal that the market is still correcting, where for sometime attention is shift fully on the base asset or any certain trend. Thus, we are not only avid on short-term movements but also get readied for more long-standing gains.
It is quite natural to be disappointed in failing altcoins but it is necessary to always sort the information and only buy assets in promising projects. Hence, if these trends are followed blindly, we may end up emphasising knowledge assets that possess clear vision along with tremendous tangible progress so that the capital utilised continues to be secure.