Last time it happened in 2021 before alts did 100x
This Altseason will print 10,000% PnL for holders
The setup is perfect
$BTC dominance is topping out
$ETH and majors are gaining momentum
Altcoin market cap is breaking out
Memecoins are flying again → this is the same playbook we saw before the 2021 altseason explosion
Funding rates signal it
Perpetual funding on $BTC is cooling off
$ETH and altcoin funding is rising fast
Traders are starting to rotate out of $BTC and into alts
Exactly what happened 1 month before alts flew in 2021
On-chain activity booming
Daily active users and tx volume on L2s and alt L1s are up
Solana memecoins booming, $ETH is growing
New wallets flooding in → retail is coming in waves
Whale rotation started
Data shows whales are selling $BTC → buying $ETH and alts
Spot flows confirm this
In 2021, we saw the same flow 3 weeks before altseason peaked
It’s happening again. Rotation is ON
New narratives are pumping
2021 → DeFi summer, NFT meta, L1 rotations
2024 → Memecoins meta, $ETH ETFs, AI coins, restaked $ETH
Every altseason starts with fresh narratives. This is textbook early altseason behavior
Sentiment reset is done
Bear market fear is gone
Retail is starting to believe again - but we are early
Smart money is already positioned
If you wait too long, you’ll be late like most were in 2021
