Recently, Bitcoin has risen, and everyone is looking forward to the rise of Meme coins and established altcoins, but I want to tell you that the true altcoin season has not yet arrived! Let’s explore why and how to determine the arrival of altcoin season through four key indicators.📈✨


What is Altcoin Season?


Altcoin season refers to a period when cryptocurrencies other than Bitcoin (i.e., altcoins) experience a dramatic surge. Many people think it's altcoin season when Bitcoin rises, but the true altcoin season is those dizzying moments of frenzy!💥


During altcoin season, most altcoins will see a price surge, and it is not a dream for investors to double their assets! Just like the DeFi summer of 2021 and the crazy rise of Dogecoin, both are classic performances of altcoin season.💸


Current Situation Analysis


Currently, Bitcoin's market share (BTC.D) has dropped from 62% to 57%. Does this mean the beginning of altcoin season? Perhaps not entirely, as we have yet to see a comprehensive upward trend.🎢


For players in the crypto space, the focus is no longer on Bitcoin, but rather on 'which altcoins to buy now.' I do not plan to recommend any specific altcoins in this article, but rather to tell you that a comprehensive altcoin season has not yet arrived!⏳


Four Altcoin Season Indicators


To determine the arrival of altcoin season, we can refer to the following four indicators:


1. Bitcoin Market Share (BTC.D) $BTC


BTC.D represents Bitcoin's share in the entire crypto market. Historical data shows that Bitcoin is usually the pioneer, and other altcoins tend to follow after Bitcoin peaks. When BTC.D starts to decline, altcoins often welcome opportunities for fund inflow.📊


2. ETH/BTC Ratio $ETH


ETH/BTC is another important indicator. When Ethereum rises relative to Bitcoin, the possibility of altcoin season greatly increases. Ethereum is the largest ecosystem in the crypto market, with the highest total locked value (TVL). If ETH/BTC continues to rise and breaks through key support levels, we can look forward to the arrival of altcoin season.🌐


3. USDT Market Share (USDT.D)


USDT is the largest stablecoin in the crypto market. When USDT.D declines, it usually means investors are transferring funds to other cryptocurrencies. If we see USDT.D fall and altcoin prices rise, it may indicate an increasing trend of funds flowing into altcoins.💵


4. Altcoin Season Index

This is a real-time indicator used to determine whether the current market is dominated by altcoins. If over 75% of altcoins perform better than Bitcoin in the past 90 days, we can consider that we have entered altcoin season. The current altcoin season index is 72%. Although it hasn't reached the 75% threshold, many altcoins have already started to perform well.📈


Future Outlook


We are currently at the beginning of a rate-cutting cycle, which means more liquidity will be released into the market. The flow of funds typically goes from traditional markets to stocks, then to the crypto market. When mainstream crypto assets perform well, funds gradually flow into the smaller market of altcoins.💧$PEPE


If Bitcoin's dominance continues to rise and shows signs of reversal, then a true comprehensive altcoin season will arrive. Data shows that Bitcoin's dominance was 65% four years ago, and it dropped below 38% during the peak of the 2021 bull market. The current 57% is still far from that point!📉


How to Seize Opportunities?


For friends who have not yet entered the market, I recommend not waiting for a major market correction to enter. Now is a stage that attracts newcomers, so don’t miss this opportunity. If you are optimistic about certain altcoins, you can choose to buy in batches, rather than investing all at once.💡

#内容挖矿

Remember, there are over 14,000 tokens in the market, so choosing the right altcoin is crucial! Pick some popular ones or projects you are familiar with, and avoid buying unknown tokens impulsively.🔍


Summary


Overall, a comprehensive altcoin season has not yet arrived, but the market is indeed heating up. By monitoring the dynamics of Bitcoin, Ethereum, and USDT, combined with the four indicators of altcoin season, you can better seize investment opportunities. I hope everyone can achieve financial freedom in the upcoming bull market!💪💫