【There are signs of a bit of an altcoin season】

Meow Uncle discovered

The altcoin season index has recently fallen to its lowest level since June 2023, with many of the so-called quality leaders already dropping back to the previous bear market lows.

In comparison to BTC, their declines have been quite significant.

However, in the past three months, the performance of XRP and LTC has actually been slightly better than that of BTC.

Moreover, BTC's dominance is over 60%, so Meow Uncle believes that in the coming months, altcoins with strong community support, high expectations, and undervalued relative to BTC prices should experience a rally.