Are we back ? - No❗️
Do Altcoins back to their November prices - No
Does BTC dominance fall below 60% - No
Does Altcoins index surpass 75 - No
Then why everybody happy about?
Because BTC above 100k ?
Yeah, that’s great but it is not secret after ETF approval institutions start to buy it. They will not move their capital from BTC to Alts as individuals did in early years.
Personally, I think there is nothing to celebrate yet. Those guys who post “Altseason starts today”, “BTC dominance fall”, “we are back to the moon”, does your content worth readers trust?
Be patient, play wisely. Buy and hodl, play with low leverage, we saw this before, green 🟢 can turn red 🔴 any moment. NO ONE NOES, IF THERE WILL BE ALTSEASON AND WHEN IT MAY HAPPEN. Specially, Youtubers and Crypto “not financial” advisors.