Bitcoin is currently encountering difficulties in maintaining its support levels following its fourth halving on April 20. Specifically, it is struggling within the range of $62,700 to $63,500. As Bitcoin grapples with these challenges, focus has shifted towards altcoins, with memecoins and layer-1 cryptocurrencies taking the lead in outperforming Bitcoin over the last month. This shift in momentum has initiated conversations among traders regarding the possibility of an altcoin season.