#山寨季何时到来

In the cryptocurrency space, altcoin season is receiving significant attention. It refers to the short-term phenomenon where altcoins outperform Bitcoin and bring high returns. Typically, this signals the start of altcoin season when Bitcoin's market cap share decreases, substantial funds flow from Bitcoin to altcoins, and prices of various altcoins surge.

Currently, Bitcoin has surpassed the $100,000 mark, but many altcoins are underperforming and even declining. Historically, altcoin seasons often occur in the last year of Bitcoin's four-year cycle, and when Bitcoin's price stabilizes, market enthusiasm spreads to other cryptocurrencies. According to some analysts, in the first quarter of 2025, as market risk appetite increases, loose financial conditions and retail enthusiasm recover, altcoin season is expected to commence, with large-cap altcoins potentially returning to or surpassing historical highs, while new narratives drive small and mid-cap coins to new peaks. However, the exact timing of this commencement still requires close attention to Bitcoin's trends, market capital flows, and changes in various related indicators.