🌕 **Has the altcoin season really begun? Market indicators suggest a major shift!**
While the price of **Bitcoin** holds below the **$120,000** barrier, altcoins are stealing the spotlight strongly.
Charts show significant growth in the performance of major cryptocurrencies such as:
🔹 **Ethereum (ETH)**
🔹 **BNB (Binance Coin)**$BNB
🔹 **Solana (SOL)**$SOL
🔹 **XRP**$XRP
Some have reached **new all-time highs** or are approaching them, prompting many to ask:
> "Have we officially entered altcoin season? And can these coins outperform Bitcoin in the coming months?"
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## 🔥 **Strong indicators of the start of Altseason:**
✅ **Bitcoin dominance (BTC Dominance)** has decreased to levels below 50%.
✅ Significant increase in trading volumes of alternative cryptocurrencies compared to previous weeks.
✅ Huge financial flows are heading towards DeFi, Layer 1, and Layer 2 projects.
✅ Increased activity from new investors towards mid and small market cap coins (Small/Mid Caps).
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## 📊 **A quick look at the major movements:**
🔸 **Ethereum** regains market confidence, with anticipation for the awaited "Purge" upgrade, which could significantly enhance efficiency.
🔸 **BNB** continues to break resistance with increased adoption of projects on the BNB Chain.
🔸 **Solana** is experiencing a revival driven by support from major institutions and a strong developer community.
🔸 **XRP** is approaching a new peak after positive signals in its legal file with the SEC.
🔸 **Chainlink, Avalanche, Render, and Near** are among the cryptocurrencies that have started to experience sudden price explosions.
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## 📉 **And what about Bitcoin?**
Although Bitcoin is still holding on to a strong support area below 120K, its sideways movement opens the door for speculators to move towards faster-growing alternatives.
As profit-taking from BTC begins, liquidity is being recycled towards riskier and faster-rising projects.
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## 🧠 **Can altcoins outperform Bitcoin?**
In **short- and medium-term price performance**: Yes, and strongly.
But in terms of dominance and market influence, **Bitcoin will remain the reference and primary store of value**.
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## ✅ **Advice for investors:**
📌 Monitor dominance (BTC Dominance) daily.
📌 Pay attention to liquidity movements between large and small cryptocurrencies.
📌 Do not neglect risk management – as the volatility during Altseason is intense, and the downturn can be as severe as the upturn.#BinanceSquareFamily #crypto