Shift from Bitcoin to altcoins: Traders are shifting from Bitcoin to altcoins in search of quick profits. Bitcoin nearly reached 100,000 USD last week but has returned to around 96,000 USD due to profit-taking activities. Although Bitcoin has decreased by about 1% over the past 24 hours, Ethereum has increased by over 4%, indicating a growing interest in altcoins.

Supportive cryptocurrency policies: The market sentiment is positive due to the announcement that SEC Chairman Gary Gensler will resign. President-elect Trump is expected to choose Scott Bessent, a crypto-friendly hedge fund manager, as Treasury Secretary. This creates hope for more crypto-friendly policies in the US, driving market growth.

Potential of altcoins SAND, LDO, UNI: The Sandbox has increased by 30% in the past 24 hours and has the potential to grow over 10 times if it returns to its historical peak. Lido DAO broke a critical resistance level and is currently trading below 1.70 USD. Uniswap has reached a record high over the past 6 months. These altcoins are expected to increase by 5-10 times in the next bull market season.