$XRP "Altcoin Season" refers to the short-term phenomenon where altcoins surpass Bitcoin, leading to high returns. The timing of its arrival is difficult to pinpoint and is influenced by various factors:

• Market Cycle Perspective: The cryptocurrency market is cyclical, and altcoin seasons often occur in the final year of Bitcoin's four-year cycle. The altcoin seasons in 2017 and 2021 both happened after Bitcoin reached historical highs and entered consolidation. If Bitcoin stabilizes above $100,000 and enters a steady state in 2025, capital may flow into altcoins, triggering an altcoin season.

• Changes in Related Indicators: A decline in Bitcoin's dominance and altcoins outperforming Bitcoin, with their market capitalization reaching new highs, often signals the arrival of an altcoin season. For instance, if Bitcoin's dominance drops from 60% in November 2024 to 51%, and the total market capitalization of altcoins surpasses the peak in November 2021. Additionally, the Altcoin Season Index, OTHERS Index, and Google Trends can also assist in making judgments. When over 75% of the top 50 altcoins outperform Bitcoin in the past 90 days (the Altcoin Season Index exceeds the 75% threshold), or the OTHERS Index rises significantly, and the search interest in altcoins on Google Trends continues to increase, it may indicate the approach of an altcoin season.

• Capital Flow Perspective: Funds flowing from Bitcoin to altcoins can drive up the altcoin market. When institutional capital shifts from Bitcoin to altcoins after completing their Bitcoin allocations, and retail funds flow into the altcoin market due to changes in market sentiment, it provides financial support for an altcoin season. For example, if the Federal Reserve lowers interest rates in 2025, the released liquidity could prompt funds to shift from bank deposits to cryptocurrencies, especially altcoins.

• Macroeconomic Factors: The macroeconomic environment significantly impacts the altcoin season. 2020 -