#altsesaon Instead of an Alternative season on Binance, it was a delisting season where many coins got delisted, leaving investors behind, and unfortunately returned to the market by changing their names or appearances.

My Alts season Analysis.
as an old trader and Financial Market expert since 6 years. I have been observing the Market movements.
Alts season is what everyone wait for in every cycle.
I have studied the Market. Now the scenario has changed in last 3 years.
Alts season is no more like earlier when a coin pump 500 to 1000%.
Because
👉🏻 we have now over 100000 coins which disturbs the liquidity
👉🏻 BTC dominance increasing because now people trust BTC more than Alts
👉🏻 Even the ETH is unable to catch the BTC and in my opinion ETH price should be at 6000 to 10000 if we look at previous seasons data.
Until the ETH do not move exponentially the market will not follow it.
ETH dominance should be greater than 12 to 15% for good movement.
👉🏻 Now the Alts pump 100% to 300% easily and silently.
👉🏻 If we look at each drop and bounce area. Like January to March era. Each coin make a bottom and then almost each and every coin pumped 100% at least.
👉🏻 INJ pumped from 6 to 15
👉🏻 ETH pumped 1400 to 2800
👉🏻 Almost All coins pumped the same way. This was our Alt season.
👉🏻 Don't over expect the things. Alts season will be like this in future too. Until the BTC dominance drops below 50% level. Which seems doubtful as the institute's and ETFs are now buying like crazy.
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#altsesaon
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