With Bitcoin rising above the $100,000 level, early signs of an Altcoin Season (#AltcoinSeasonLoading) are beginning to appear. The market is witnessing an increase in the prices of many other cryptocurrencies, led by Ethereum, which jumped over 20% in the last 24 hours.
The decline in Bitcoin's dominance indicates that investors are reallocating part of their capital towards altcoins in search of higher returns. Some analysts see this as just the beginning and expect significant gains for strong altcoins if this trend continues.
While Bitcoin still leads the market, enthusiasm is growing around the growth potential in the altcoin sector, creating opportunities and challenges for both traders and investors. The market should be closely monitored to identify which altcoins will lead this potential surge.