$ETH

#WhenWillAltcoinSeasonArrive

Is it altcoin season?

Key indicators and market trends that support this view:

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🔍 Key Market Indicators

1. Bitcoin Market Dominance (BTC Dominance) decreases

• Bitcoin market dominance has dropped from 65% to 63.89%, indicating funds are shifting from Bitcoin to altcoins.

2. ETH/BTC ratio rebounds

• The ETH/BTC ratio has rebounded from 0.01867 to 0.0246, indicating that Ethereum's performance relative to Bitcoin is improving.

3. Altcoin Season Index rises

• The Altcoin Season Index has risen from 23 to 36, approaching the threshold for entering altcoin season (above 75).

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📈 Market Dynamics

• Ethereum (ETH): Price increased by 13%, outperforming Bitcoin.

• Other major altcoins: Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) also saw increases of over 6%.

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✅ Conclusion

Combining the above indicators and market dynamics shows that altcoin season is forming. Investors may consider focusing on outperforming altcoins such as ETH, SOL, ADA, and closely monitor market changes to adjust investment strategies.