The era of the classic alt season is still in 2021
Back then, the market was growing everywhere — every alt followed $BTC
🗓 Now everything is different: only selected coins will show growth, and liquidity will be redistributed selectively.
The alt season is no longer mass, but selective — without an influx of fresh money, with tough competition (PVP) and in the format of a zero-sum game.
💸 BTC no longer feeds alts:
⏺ The correlation between them has disappeared, there is no more direct flow of liquidity.
⏺ The dominance of $BTC no longer serves as a trigger for the growth of alts.
📊 Facts:
⏺ Recently, alts trading volumes exceeded BTC by 2.5 times.
⏺ Many altcoins show zero correlation with Bitcoin.
💡 Be selective in choosing altcoins, follow current narratives.
The market is different today