In a nutshell based on previous market cycle moves, altcoins are expected to start the parabolic phase heading into 2025. Idea is invalidated if Altcoin Mcap (Excl TOP10) goes lower than October Breakout (approx 125B).
Comparing Solana last cycle 5 wave impluse with current price action of 2024
Avax could mimic this year the 5 wave impulse of 2021