Trader: The knockoff season has just begun, it will last for about 90 days

According to Cointelegraph, since Trump won the US presidential election, the altcoin market has risen sharply. However, Felix Hartmann, managing partner of Hartmann Capital, warned that with institutional investors increasing profit-taking activities, the altcoin market may experience fluctuations in the short term. Felix Hartmann said: "Considering that the current altseason has already ended." "Traders might remain irrational but we are at a stage where teams and venture capitalists start cutting back more aggressively." However, other traders believe this is just the beginning of altseason. Anonymous cryptocurrency trader MilkyBull Crypto stated “From this month to March seems logical. Altseason has just begun and will last about 90 days.”