What is Altcoin Season?
My understanding is simple:
1️⃣ First break through the May price high
2️⃣ Then break through the historical high of 2021
The whole process is accompanied by the inflow and outflow of funds:
👉 Funds flowing into BTC
• BTC's dominance increases
• Altcoins bleed out, decline
👉 Funds flowing out of BTC
• BTC's dominance decreases
• Altcoins accumulate, soar
Altcoin Season = the result of fund rotation, go with the trend, don’t be greedy against the trend!
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