So, should we also expect altcoin season following the current bull run? If yes, what are the best altcoins to focus on?
According to previous cycles, this has absolutely the basis to happen. The money flowing into the market will go into Bitcoin first, then will rotate to Altcoins. But now with this cycle, I see some differences. That is the strong division of Altcoins when the number of Altcoins available on the market is too much. Meanwhile, the cash flow is not really too much to have a simultaneous price increase of all Altcoins, but rather an increase in price according to certain narratives (eg L2, LSD, AI, Dex...).. Therefore, I think investing in Altcoin will no longer be as easy as in previous cycles(just choosing the right time to buy any coin will also win).
The current market context is different, many narratives are drawn, whichever narrative is attractive and trendy at the present time will attract cash flow first. If you are not really quick to update new information, you will be very confused in choosing which type of Altcoins to invest in, and easily choose old Altcoins that no longer have improvements or compatibility in the future. It leads the profits you earn will be significantly lower. With my ALtcoin investment plan, I prioritize choosing new ALtcoins with many improvements suitable for the upcoming market instead of old Altcoins that have gone through many cycles but still have no improvements.