The altcoin season is really here! The data speaks, opportunities and risks coexist!

Friends, the market signals are already clear!

Recently, the altcoin season index surged to 76+, reaching a new high since last December. In simple terms, more than 75% of the top 50 tokens have risen more vigorously than Bitcoin over the past three months. According to historical patterns, we have officially entered the "altcoin season"!

Several key signals are worth noting:

1. Bitcoin's market cap dominance has fallen for 10 consecutive weeks, dropping from 66% to 58%, with funds clearly flowing from BTC to altcoins.

2. The total market cap of altcoins is 1.63 trillion dollars, almost matching last year's peak.

3. Macroeconomic assistance: U.S. employment data is disappointing, and the market is heavily betting on a rate cut by the Federal Reserve in September; some are even wagering on a 50 basis point cut. A low-interest-rate environment has always been the fuel for altcoin rallies.

Today's market has already provided an answer: Dogecoin rose 5% in a single day, breaking through 0.25 dollars, and AVAX surged 18% to a new annual high of 29 dollars. This wave is likely to enter the third phase of the altcoin season, where mid and small-cap tokens start to experience parabolic rises.

But we must pour a bucket of cold water! After the index soared to 88 last December, it instantly crashed, with a bunch of leveraged retail investors getting wiped out completely. Now, the open interest in altcoin contracts is 50% higher than that of Bitcoin, indicating that the market has piled on high-risk leverage; once a reversal occurs, it will be a massacre.

Operational advice:

Medium-cap quality altcoins like AVAX, ATOM, NEAR, etc. can be acquired in batches.

Be cautious about chasing meme coins; the whales never hesitate to cut losses on retail investors.

Be sure to control leverage and set stop-losses! The volatility of altcoins is 2-3 times that of BTC.

Remember: Making money in a bull market relies on courage, but holding onto profits relies on intelligence! Risk control is always the top priority! #山寨币市场回暖 #SOL生态季节来了？