【Viewpoint: BTC's Dominance is Declining, but We Haven't Fully Entered Altcoin Season】 According to Golden Financial News, Bitcoin's dominance in the cryptocurrency market (BTC Dominance) has recently dropped from 65% to 62%, sparking discussions about the imminent arrival of 'Altcoin Season'. However, analysts point out that while some altcoins are performing strongly, the overall market has not yet entered a full bull market phase. Alphractal CEO Joao Wedson predicts that a full altcoin season may not unfold until June, but the current market is still in its early stages. Additionally, while Bitcoin's price remains stable at around $103,000, altcoins like Ethereum, XRP, and Solana have recently outperformed Bitcoin, indicating that investor interest is shifting towards these assets. Analysts also remind us that historical data shows that altcoin seasons typically only fully unfold when Bitcoin's dominance falls below 54%, a level that has not yet been reached.

#BTC #XRP #ETH