If ETH can continue to "siphon" funds from BTC, the alt season may soon begin. Here is my understanding of the alt season:


Criteria for determining alt season
1. The overall market has strengthened first, with the primary sign being the breakthrough of the March 2024 high - this is a preliminary signal of market recovery.
2. Further breaking through the historical high of the entire market in 2021 means that funds and sentiment have significantly returned, and the cryptocurrency market has entered a high-intensity active cycle.
3. ETH reached a new high, indicating that mainstream funds have rotated from BTC to Ethereum and are beginning to spread to the on-chain ecosystem.
4. BNB surpasses the $1000 mark - as one of the barometers of the altcoin market, its strength indicates that funds are beginning to accelerate towards various on-chain assets.
Typical path of capital rotation
Early bull market: funds first flow into BTC → BTC market share rises → altcoins are "bled out" → altcoins generally decline
alt season开启:资金从BTC流出 → BTC主导地位下降 → altcoin获得流动性 → altcoin普涨
Only when funds gradually flow from BTC to ETH and other altcoins, and multiple leading projects continue to rise, does it meet the complete characteristics of an alt season. Sporadic increases in individual coins do not mean that a true alt season has started #打榜优质内容# .
ETH4.03%
BNB1.58%
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XiaoxiaoOnlyLooksAtTvip
· 08-07 11:43
Steadfast HODL💎
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KatyPatyvip
· 08-07 04:18
HODL Tight 💪
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APersonIsAGuestAtvip
· 08-07 02:14
Hurry up and enter a position! 🚗
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Amelia1231vip
· 08-07 01:14
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Aerobicvip
· 08-07 01:08
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Ryakpandavip
· 08-07 00:47
Steadfast HODL💎
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Ybaservip
· 08-07 00:41
Thank you for infomation 🙇🏻🙏
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EarnMoneyAndEatMeatvip
· 08-07 00:39
Hold on tight, we are about to To da moon 🛫
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CoinRelyOnUniversalvip
· 08-07 00:34
Steadfast HODL💎
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· 08-07 00:27
Steadfast HODL💎
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