After the adjustment, Bitcoin continues to reach new highs, and more importantly, ETH's trading volume has consistently surpassed Bitcoin's in the short term. So, we arrive at the question everyone is most concerned about: Is there still a altcoin season? 1. In my personal opinion, the kind of altcoin season where countless coins take off like in the last bull market is very unlikely to happen again. The fundamental reason for an altcoin season is sufficient liquidity. With so many new coins launched in this round, the overall market cap has expanded to a point where the current liquidity is insufficient to support the rapid expansion of the entire crypto market. 2. However, ETH's market performance will still drive the overall rise of altcoins, but the potential and sustainability of most coins are very limited, which will lead to slow growth and quick pullbacks. 3. Therefore, at this stage, selecting coins becomes a crucial step. I personally suggest focusing on the gainers list, especially those coins that have collectively rebounded on the daily chart and show strong upward momentum with weak pullbacks. For example, the $santos coin selected the day before yesterday has many fans appearing on the gainers list. It has just pulled up from the bottom on the daily chart, and its pullback is very weak. Participating in such coins, even if there is a pullback, is likely to see another wave of increase.