When will the altcoin season officially start?

I think the upcoming trend of Ethereum is very crucial. If Ethereum can continue to rise, altcoins may experience a surge. But if the performance of Ethereum's spot ETH is not good, the altcoin season will be quite difficult.

However, from the current data, the trend is still very strong.

The Bitcoin ETF in the United States has now reached a scale of 84 billion USD, which is equivalent to two-thirds of the gold ETF. Yesterday, the net inflow of the Ethereum spot ETF also exceeded 294.9 million USD, and Grayscale ETH's net inflow reached 63.3 million USD, setting a record for the highest daily inflow. This growth rate is much faster than expected. This indicates that market sentiment is very bullish, and a large amount of capital from American investors is flooding into the crypto market. From the buying volume of large holders, MicroStrategy has spent 2.03 billion USD to purchase 27,200 Bitcoins, with an average price of 74,463 USD per coin. As of now, they hold a total of 279,420 Bitcoins, having spent about 11.9 billion USD, with an average price of 42,692 USD per coin.

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