Hi. Yes, I think we'll see altcoins rise in the fourth quarter. Bitcoin is falling sharply and I think it'll stop somewhere in the middle of the mountain. And during the flat period, we'll see capital flow into altcoins.
But even if Bitcoin is falling, there's not much movement on the altcoin market. When Bitcoin bleeds, the rest of the crypto bleeds as well. We thought earlier that they might have decoupled already. But looking at the last couple of months movement, it seems that they are back once again and that's why what we are seeing in the current price. Not much has happened to Bitcoin after touching all time high, same with Ethereum.
I don't want to be negative, but it seems that we're running out of time for the altcoin to have it's own bull run. It will have to come from Ethereum and then other coins will have to follow. But it seems that Ethereum has a hard time gaining momentum in this cycle.
No one knows for sure how long we have, it might only be few more months or the peak of altseason might not come until Jan or February.
Ive heard many say lately this cycles altseason has been delayed due to the tariffs earlier this year, who knows.
I am just holding and waiting patiently, I think we will have an altseason, I just feel like its hard to predict when.