It seems that the features of the altcoin season have become very familiar.

This is the total market capitalization of cryptocurrencies excluding Bitcoin and Ethereum.

The same structure as previous cycles:

- The support level has held for many years

- Liquidity has dropped near its lowest levels

- Previous breakouts came after the Federal Reserve ended its quantitative easing program

The last time this happened -> a boom in altcoins between 2020 and 2021.

Now we are at a similar turning point, with:

- Exchange-traded funds available

- Traditional finance on the blockchain

- The quantitative easing program is expected to end by 2026

If this aligns with the context, altcoins will move quickly from now on.