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So do you still think we'll see an altseason this year, and do you think it's only last a few months or much longer than usual? What quarter do you think it might occur in if so?
Most of the time, altcoins will go up late compared to Bitcoin. I mean is that, when Bitcoin goes up, altcoins tends to go up as well, but it will happen weeks after Bitcoin goes up.
Do I still believe that an altseason will happen this year? Yes, but it will be focused on the top altcoins only. I mean coins that has a utility will be the ones that will go up this year. Coins like Ethereum, Solana, Ripple, some exchange tokens, some hyped tokens like the RWA's, those Layer 2 tokens. Those utility tokens are the ones that I believe will pump.
On the flip side though, I don't think that it will be as high as what we saw in the first weeks of the month. We saw Ethereum at $4,000, and Solana at $290. I don't think that it will touch that price when altcoins goes up in price this year.