When will the altcoin season emerge while the market remains quiet? Can ETH take the lead?

I still hold the view that an altcoin season will arrive.

Looking at the process of Bitcoin rising from 57,000 or 67,000 to 110,000, the market has not yet seen a true altcoin season.

An altcoin season requires leaders like ETH to drive a collective rise, while XRP and others lack this capability.

Currently, ETH is fluctuating without breaking the range; Bitcoin's rise alone does not constitute a bull market.

The daily chart shows that ETH has rebounded with low volume since the 23rd, and a pullback to test support is reasonable; yesterday's downward volume was also not good, with retail investors mostly watching.

Technically, ETH has support around 3360, and if it stabilizes, it has the potential to form an ascending triangle.

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