The narrative of this chart is linked to the first point of the altcoin season X theme, focusing on the second half of 2024, particularly the altcoin season in the fourth quarter. Observations? With a 68-day offset in global M2 money supply, the dominance of other currencies began with a surge and then fell below the starting point in November due to uncertainty from the US elections. It then rebounded significantly with a 34-day surge, ending with a spike in global market liquidity. This period of over 90 days aligns perfectly with the global M2 money supply. Now, stimulated by Trump's tariff news with China, the cryptocurrency market has turned around from its downward trend from April 7 to 9. The dominance of other currencies seems to have stabilized, but it closed below the starting point yesterday, precisely tracking the downward line of September 2024. With the same 68-day offset, M2 started to surge 10 days early, which is correct. Skeptics should check point 2 of the posts regarding TOTAL3 and M2 money supply for more details. The dominance of other currencies is currently at its lowest level since 2021. But as the chart shows, with M2 injections set to intensify in the coming days, we may see a repetition of the trends from November to December 2024 over the next 34 days, and possibly even stronger. #山寨币热点 #M2

⚠DYOR

Source: @btc_masterplan

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