The altcoin market is showing signs of revival with the Altcoin Season Index rising from 34 to 50, indicating a recovery signal. Money is starting to flow out of Bitcoin as dominance drops to 61.5%, shifting towards major altcoin groups.
4 leading altcoins to watch:
Ethereum (ETH)
Solana (SOL)
Ripple (XRP)
Binance Coin (BNB)
According to expert VirtualBacon, the altcoin season began several weeks ago but has occurred quietly, with strong differentiation and focus on projects with solid fundamentals.
Why is September an Important Milestone?
The Fed may relax SLR regulations, facilitating market liquidity increase.
The U.S. Treasury replenishing TGA could pull money out of the system, but if SLR is adjusted, these two forces could counteract or support the flow of money back into risky asset markets, including crypto.
Current Altcoin Investment Strategy
Focus on coins with strong fundamentals instead of chasing small, high-risk coins.
Be patient in accumulation, avoid FOMO during slow growth phases.
Crypto Rover emphasizes that this is a period of severe cleansing; not all altcoins will survive.
Quick explanation:
Altcoin Season is the period when altcoins rise stronger than BTC.
BTC dominance decreases → money is transferring to altcoins.
The Fed & monetary policy in September could be a crucial catalyst for the altcoin wave.