What phase is the market in now? 💬

Currently, the market is still in season $ETH , not altcoins. We are transitioning from the second phase of the market to the third.

How it usually works:

Phase 1: First, $BTC grows faster than anyone else.

Phase 2: Then Ethereum starts to outpace BTC (we are in this phase now).

Phase 3: Next, capital smoothly flows into altcoins, and they begin to grow faster than Ethereum.

Phase 4: The finale is a full altcoin season, when the entire market takes off.

Right now, looking at the TOTAL3/ETH chart, Ethereum still outperforms altcoins. Historically, the turning point occurs when ETH updates its ATH — and only then does the market transition into the phase of active growth of altcoins.

So for now, it makes more sense to keep the focus on ETH, while just observing the altcoins. Their time will come.