Will there be a "copycat season" in this market?

To talk about this topic, we first need to understand four things:
1. What exactly is Copycat Season?
2. How did it come to be?
3. Where does it usually occur in BTC?
4. How is the current environment different from the historical copycat season?
1. What is the copycat season?
To put it simply, it is the stage of the "general rise" of altcoins. It generally occurs after the funds are rotated to mainstream coins, and idle funds begin to chase copycats with higher volatility and potential.
2. Three necessary conditions for the cottage season
1. The structure of the individual currency is healthy, and it comes out of the bullish pattern after the pullback, or is in a rising relay;
2. The market is hot, and investors have FOMO sentiment;
3. After the mainstream coins rise in turns, there are plenty of funds to find the next flashpoint.
If the structure is not good, the mood is insufficient, and the funds are not enough - then the bookmaker has no incentive to start the market.

3. What kind of BTC trend does the copycat season appear in?
BTC is the first echelon, mainstream such as ETH is the second echelon, and copycats are at the end. Altcoins are usually launched during the sideways period when BTC rushes up, and when the mainstream coins are pulled out and the market liquidity overflows, the copycats are likely to break out.
But looking at the present, even ETH is on the weak side, sinking to the bottom with EOS, and the third echelon is even more useless.
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4. Historical Copycat Season vs Current Environment
1. In the previous bull market, the market was small, there were few projects, the rotation was clear, and many altcoins did not even have contracts, telling stories, but there was still a "vision".
2. Now, there are more than 7,000 altcoins on the register, in fact, tens of thousands, the contract was opened as soon as it was launched, and the funds were diverted from the chain and the platform currency, and no effective rotation was formed.
3. This round of copycat season is basically concentrated in Q4 of 23 to Q1 of 24, and when BTC is sideways after June 24, the copycat as a whole dives, and strong coins have not reached new highs. The structure has mostly gone ahead of schedule.
At present, many projects are just playing the concept card and relying on KOLs to call orders, without fundamental support and no transaction depth, which is completely different from the past projects that benchmarked BTC and ETH.
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Summary: There will be individual copycat markets, but there will be no more complete "copycat season"
This round of the market as a whole has reached the stage of 75%, and the follow-up is the end rather than the climax. Even if there is a rebound, it is only a trading opportunity for local coins, and it does not have the conditions for a full-scale outbreak.
Altcoins are not untouchable, but they must be clearly distinguished - which ones are high-amplitude coins that can be short-term, and which ones are just air coins or CX disks under the banner of blockchain. Keeping a clear trading mindset is more important than fantasizing about a "copycat season coming back".

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