Altcoins have been performing better in the current market. The important indicator of alt season is 75%, meaning the top 50 cryptocurrencies have outperformed BTC in the past 90 days. Does this mean alt season is here? As the saying goes, good things come to those who wait. BTC has risen for so long, isn't it time for Altcoins to rise? You must understand that when BTC rises, everything goes to the moon, but when BTC falls, everything takes a nosedive. Encryption is still ruled by BTC. Whether or not there is an alt season depends on the bearish and bullish sentiment during the XX stage, forming a sharp contrast. If there really is no alt season, then these suckers will be in a sorry state. If there is an alt season, then it will definitely rise sharply, because many people have already been whipsawed out of positions.

Today, I want to focus on AAVE. The reason why its price is skyrocketing is because its TVL has far exceeded the peak of the previous bull market, while its price is only around 300, much lower than the 670 of the previous bull market, which means it is undervalued. Furthermore, the Trump family's WLFI has also increased its holdings of AAVE, so I'm not surprised by its rise.
But what I want to talk about today is that it seems to have risen in the short term. It has already reached the previous high of 390 today, and the resistance is quite strong. You can choose to take profit at a high point and buy back on a pullback. I will pay attention to support levels such as 355 above 350 and re-enter on a dip.
Actually, I would continue to hold if the market is doing well, but now all the coins have plummeted a lot, and AAVE is about to reach its previous high this year. I feel that the overall environment is not good, so I want to wait for a pullback. I also have positions in two other Ethereum ecosystem coins, Uni and Puffer, which are currently rising slightly, but not as aggressively as AAVE.
Whether it's a bull market or not, altcoins are really starting to heat up. You really should start buying altcoins on dips. You can allocate some popular coins and buy some potential AltCoins at a low price, such as zen, usual, aave, etc., cheems, bome, usual, ena, banana, and so on. Spot trading is fine.