#AltcoinSeasonLoading Altcoin season might be on the horizon, according to recent market trends and expert opinions. Here are some key indicators and insights:
Current Market Sentiment
- Bitcoin dominance has dropped to 63.89%, indicating a potential shift in market dynamics favoring altcoins.
- Altcoins like Ethereum, Solana, Dogecoin, and Cardano have surged, with Ethereum jumping nearly 13% in the last 24 hours.
- The ETH/BTC ratio has bounced from its lowest levels since 2020, hinting at a structural rotation into altcoins ¹.
Expert Opinions
- Macro investor Raoul Pal believes Bitcoin dominance might have peaked, paving the way for altcoin momentum and