A crypto market analyst, Virtual Bacon, has cautioned that it may not be the right time to buy or hold altcoins, as current conditions do not support a strong rally. He explained that altcoins usually perform well only when Bitcoin is clearly rising.

“The one thing that matters when trading altcoins… is to do so in a Bitcoin bull market,” he said.

Right now, Bitcoin has not yet shown that kind of strength. Until it moves higher and stays there, trading altcoins is seen as risky.

Short-Term Gains Possible, Not a Full Boom

Altcoins are currently at low levels compared to past cycles, which has sometimes signaled a market bottom. Even so, the analyst warned that this does not guarantee a recovery.

“That is not me saying… the bottom is in,” he noted.

Instead of a long “altcoin season” like in 2017 or 2021, the analyst expects only short bursts of activity. These could last a few weeks or months and may focus on trends like AI-related tokens or memecoins.

“You don’t need a full altcoin season… you just need enough euphoria in the Bitcoin market,” he explained.

Economic Conditions Still a Concern

Beyond crypto markets, the wider economy is also playing a role. The analyst pointed out that high-risk assets like altcoins depend on strong global liquidity, which is influenced by central banks such as the U.S. Federal Reserve.

Although some support measures started again in late 2025, rising inflation and global tensions have limited further action. Because of this, the near-term outlook remains uncertain.

“At least from now until July… not a good time to be betting on high-risk assets,” he said.

Looking ahead, changes in economic policy later in 2026 could improve the situation. But for now, the prospects for a strong altcoin season remain unclear, and investors are urged to remain cautious.
source: https://www.tradingview.com/news/coinpedia:91ab1f68c094b:0-when-is-the-best-time-to-buy-altcoins-analyst-reveals-timeline/