#AltcoinSeasonLoading

Yes, cryptocurrencies are on an important rise and the market is positive

But we must analyze things and understand what is happening and why, and know what and how to follow up.

First, the main driver of the market is Bitcoin, and this is well-known as it is the largest financial asset in cryptocurrencies.

Secondly, the driver of alternative coins (altcoins) is Ethereum, and we have noticed how this currency has started to break through negativity, and we see this in ETHBTC. The continued rise of ETH against BTC will create what is called altseason.

For ETH, it is crucial to stabilize this breakout and regain trading above 3000 to officially exit the realm of negativity.

It is also very important to monitor Bitcoin dominance BTC.D; whales in general need alternative coins to liquidate their assets, so we will see significant liquidity rotation from Bitcoin to altcoins.