Altseason is a Myth: How Bitcoin ETF Zombies Ate Your Gains"
Let’s cut the hopium, folks. That “altseason” you’ve been praying for? It’s not coming. At least, not the way your Crypto Twitter threads promised. Bybit and Block Scholes just dropped a nuclear truth bomb in their latest report, and oh boy, it’s spicy.
1. Bitcoin Dominance: The Unkillable Meme
Remember when Bitcoin was supposed to crash so your Dogwifhat bags could 100x? LOL. BTC’s been flexing new ATHs like it’s on steroids, while your alts are stuck doing squats in the basement. The report says Bitcoin’s dominance hasn’t tanked post-halving like it always did before. Why? Institutions.They’re hoarding BTC ETFs like toilet paper in 2020, and guess what? They don’t give a Satoshi about your “next-gen Layer 1 protocols” .
2. Ethereum? More Like Sleepytheum
ETH, the “altseason king,” is getting its lunch money stolen by Solana and Toncoin. The report calls out Ethereum’s underperformance like a disappointed parent . Sure, Vitalik’s still a genius, but until ETH stops napping and starts pumping, your altcoin portfolio is just a glorified screensaver.
3. Meme Coins: The Retail Casino is OPEN
The only “altseason” we’re getting is a meme coin roulette. Retail’s dumping paychecks into Dogecoin 2.0s while institutions side-eye them from their BTC yachts. Bybit’s data shows meme mania isn’t enough to trigger a real altseason—just a temporary dopamine hit before the crash .
4. The Halving Copium
“bUt ThE hAlViNg CyCle!” Yeah, about that. Historically, BTC dominance drops ~230 days post-halving. We’re way past that, and Bitcoin’s still hogging 60% of the market. The report says this cycle’s structural changes are permanent—like your ex’s restraining order .
5. Will Altseason Ever Come?
Fine, if:-
- BTC whales take profits(but they’re too busy buying Lambos with ETF dividends).
- ETH wakes up.
- Gary Gensler left, but his ghost still haunts the SEC.
#BitcoinDominance #ETFvsShitcoins #RIPEthereum #Write2Earn #altsesaon