These days, the market is a bit strange. On one side, Bitcoin is soaring and is about to reach new highs; on the other side, altcoins seem to be a bit sluggish.

According to the "Altcoin Season Index", it has recently turned downwards, dropping from a previous rebound of 43 to now 24.

This means that currently it is the rhythm of "Bitcoin as the father, altcoins as the grandchildren". When this index is high, it indicates that altcoins are outperforming Bitcoin; when it is low, it means that money is flowing back into Bitcoin.

In December last year, this index peaked at 87, and it was quite lively, with various altcoins soaring; but now, back to reality, retail investors are becoming cautious.

However, not all altcoins are underperforming. In the past 90 days, among the top 100 projects by market capitalization, there are still 24 coins that have risen more than BTC, such as #FARTCOIN, #FORM, #IP, #VIRTUAL, #BRETT……

These coins may not be familiar to you, but what does it indicate? The market is differentiating, with some coins quietly taking off while others are playing dead.

So don't assume that just because BTC is rising, altcoins can also surge randomly; the market is currently dominated by BTC. Altcoins need to see if "themes + popularity + funds" are keeping up; blindly going all in can easily lead to being trapped. Wait for the altcoin index to rise again, for example, to above 50, which may signal the "real start of altcoin season".

In the current stage, either position yourself with strong logical new coins (like those in AI, L2, GameFi categories), or just watch BTC perform, and don't make reckless moves. Avoid impulsiveness and random rushes. Choosing altcoins requires careful selection, and lying low to wait for opportunities is also one of the strategies.

When the "altcoin spring" truly arrives, you might be able to make money just by closing your eyes and buying. Right now, though, it's important to stay vigilant.