#CryptoMarket4T
The Path to Altseason
Phase 1: Bitcoin
Money flows into Bitcoin, driving its price upward.
Phase Overlap:
Capital starts moving toward Ethereum, but initially, Ethereum cannot keep up with Bitcoin’s growth.
Then Ethereum fluctuates and gradually begins to outperform Bitcoin.
Phase 2: Ethereum
Ethereum performs better than Bitcoin, and talks of a “Flippening” begin (i.e., the possibility of Ethereum surpassing Bitcoin in market cap).
Phase Overlap:
Money begins to flow into large-cap altcoins, and we see heavy buying in that segment.
Phase 3: Large-Cap Altcoins
Ethereum continues to outperform Bitcoin, and large-cap altcoins experience rapid, parabolic growth.
Phase Overlap:
Regardless of market cap, some fundamentally strong altcoins start pumping.
Phase 4: Altseason
Large-cap altcoins have seen massive growth and are peaking.
Mid-cap, small-cap, and even micro-cap altcoins start pumping almost simultaneously.
Large-cap altcoins are outperforming both Bitcoin and Ethereum.
It feels like every coin, regardless of its fundamentals, is pumping hard.
Meme coins are everywhere, everyone is excited, and a sense of “market madness” is in the air.