Bitcoin ( #BTC ) recently made a strong push close to its historical high, briefly touching $112,000, but then slightly pulled back — this kind of 'testing the high and then pulling back' action is something seasoned players are quite familiar with 😉.#山寨币季节

However, while Bitcoin is fluctuating, altcoins are quietly gaining strength and performing even better than the big brother! So the question arises: is altcoin season (Altseason) quietly unfolding?

💥 In the past 48 hours: 98% of altcoins have outperformed BTC!

According to data shared by on-chain analyst Joao Wedson, in just the past two days, as much as 98% of altcoins in the market have outperformed Bitcoin, meaning that even if BTC rises, altcoins rise even more.

This trend has directly brought us into the 'altcoin peak season range'.

Although this isn't the first concentrated explosion of altcoins (a similar phenomenon occurred in June this year), this time the intensity is higher, and the range of participating coins is broader, with short-term funds rushing in, indicating that this market is starting to stir 🔥.

📊 ETF capital inflows are also supporting this!

Don't think this wave of altcoin activity is just retail investors playing around; institutions are not idle either —

  • BTC ETF daily inflow: $200 million

  • ETH ETF daily inflow: $211 million (more than BTC!)

  • Even SOL staking ETFs are starting to see gains 📈

This indicates that large funds are already starting to position themselves in 'high Beta assets', not just focusing on BTC and ETH anymore, but also setting their sights on altcoins with greater potential.

🐋 Whales are starting to stir, while retail investors are still watching?

The most interesting point is: whales acted before retail investors!

The trading ratio of whales vs retail investors has steadily remained above 1.1 since the end of June, which means that active big players in the market are clearly more than retail investors and are buying more aggressively.

Alpharactal's heat map also shows that whales are frequently trading mainstream altcoins like $ALGO, $LINK, and $UNI, while retail investors are still hesitating and watching.

This is likely a typical signal before a market turning point: smart money is entering early, waiting for the latecomers to come and lift them up 🐳📈

📉 BTC dominance is declining, and altcoins are starting to take over!

Another detail worth noting: Bitcoin's dominance in the entire crypto market has slipped from 66% to 64%, and its technical pattern is also starting to weaken, showing signs of a trend line breakdown.

This indicates that market funds are starting to shift towards the altcoin sector, investor risk appetite is increasing, and there's a stronger inclination to gamble; everyone is looking for opportunities to multiply their investments!

🔮 Conclusion: Is the altcoin season really here?

Although it's still early to say 'full Altseason', there are several strong signals that are already very clear:

✅ Altcoins are experiencing a strong short-term breakout
✅ Institutional funds are starting to diversify into the market
✅ Whales are more active than retail investors
✅ BTC dominance is weakening

If these trends continue, we might really be standing at the doorstep of altcoin season.

Remember, Altseason has never started with a loud bang, but quietly — just like now 😉

Want to continue tracking this wave of altcoin momentum? Leave a message to let me know which coins you're focusing on! 📩📊

✍️ DYOR, manage risks well, and I wish everyone smooth sailing in the crypto space! 🌊

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