When Will Altcoins Wake Up?
Bitcoin has been hogging the spotlight in crypto’s bustling marketplace, leaving altcoins like Ethereum and Solana waiting backstage. Crypto analyst Rover shares a clue: “Watch Bitcoin’s dominance—the chunk of the market it controls. If it drops below 54.18%, altcoin season might begin.”
In late 2020, this same threshold triggered altcoins like Cardano to soar. But patience is key. Bitcoin needs to steady its wild price swings first—like a storm calming before flowers bloom. Even if dominance falls, altcoins won’t skyrocket overnight. History shows it takes weeks for momentum to build, like a slow-burning fuse before fireworks.
For now, keep an eye on Bitcoin’s market share. If it shrinks, altcoins could sprout—but seasons change slowly. Tend your portfolio wisely, and you might catch the first whispers of an altcoin spring. As Rover says, “The garden sleeps, but never dies.” 🌱
