This season is also led by the MMs even though we have a little more experience than the previous season.

Looking back, I see that history is still the same and some of my lessons (as of the time of writing):

1. The 4-year cycle is only for BTC, while altcoins depend on the wave and their intrinsic nature. There are altcoins that die when listed on the exchange. We should not impose a 4-year cycle on altcoins. In fact, in recent years, it is clear that $BTC has increased from the end of 2022 until now (increased more than 4 times from the bottom), but many altcoins have created new bottoms.

2. The meme wave is still the mid-term peak. Every meme season, altcoins always collapse. When memes collapse, the market enters a trend of accumulating at the bottom. When the majority sell their favorite coins through memes, a new wave begins for tech coins.

3. (Personal opinion) The waves I see are BTC - Layer 1 - Layer 2 (of ETH) - AI (beginning of the year) - meme (March-June).

4. The capital rases of projects are just virtual numbers that the fund and team agree on. Don't trust the numbers too much.

5. The token unlock schedule and tokenomics are extremely important because they somehow know the project's selling pressure.

P/s: This is just a personal opinion. Not investment advice! Currently, I still buy daily (doing a good job in the traditional way + running airdrops for free deals + little capital)