🚀 Where has the altseason gone? 🤔

The crypto community is still waiting for altcoins to start "catching up" with Bitcoin. But after the market crash 📉 following the speech of the Fed Chair on August 22, many are already doubting whether we will see an altseason in this cycle.

📊 For now, investors are looking more at BTC 🪙, but there are also signals of hope:

• Bitcoin's dominance has decreased from 65% in June to 57% now ⬇️

• Ethereum 🦄 has strengthened its position from 9% to 14% and on August 24 updated its ATH to $4,953 🎉

• Whales 🐳 have started actively buying altcoins on dips 💰

⚡️ Analysts believe:

• the momentum from the new ETH high could transfer to altcoins 🔄

• the market is far from euphoria 🧘‍♂️ — which means the bull run is not over yet 🚀

• altcoins are currently oversold and could surge sharply 💥

🙃 But some traders have already thrown up their hands: "If there is an altseason, it's significantly late" ⏰🐌