#山寨季來了？
● Since 2024, as the price of Bitcoin continues to rise, many altcoins have also risen rapidly. Since 2023, 20 of the top 50 crypto assets by market value have risen more than Bitcoin's 124%, showing the growing market potential of altcoins. Moreover, the overall enthusiasm and trading activity of the market are getting higher and higher. According to the CCData report, the trading volume in November reached a new high for the year, and the number of open contracts also set a historical record. All these mean that market risk appetite is rising, and this change is usually more favorable to altcoins 2 .
● Conclusion
● There are many signs that the altcoin season may have arrived, but due to the complexity and volatility of the cryptocurrency market, it is necessary to integrate more data indicators, market dynamics, regulatory policies and other factors for continuous observation and analysis. It cannot be simply determined that the altcoin season has completely arrived.
