🌕 Is Altcoin Season Here Again After #Bitcoin❗ Dominance Falls 2%? 🚀

📉 Not Quite Yet! Despite BTC hitting new ATHs above $122k, altcoin season hasn’t arrived. BTC needs to consolidate to let capital rotate into altcoins. So far, Bitcoin’s rally shows strength without overheating, keeping altcoin investors waiting.

📊 Altcoin Season Index Still Low. The index sits at 33, well below the 75 needed for altseason. Last confirmed altseason? November 2024. BTC dominance (BTC.D) has slipped 2.07% since late June, hinting at early signs of alt strength but not enough yet.

🔥 $ETH Leading the Charge. Ethereum is pushing toward $3k, which could spark broader altcoin gains. A strong ETH rally often kicks off altseason as investors rotate capital.

📈 Market Cap Breakout. Altcoin market cap broke $1.25T resistance, eyeing December’s $1.64T high. But for this, Bitcoin must rally first. Historically, BTC surges lead, then capital flows into alts in explosive moves.

🧭 $BTC Dominance Still High. BTC.D is at 64.65%, far from the 40% seen during prior altseasons (late 2017, early 2021). A steep BTC.D drop usually signals true altseason, but for now, it's wait and watch.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.