If ETH can continue to siphon off BTC, then the alt season may be approaching.


Let me share my personal understanding of alt season.
alt season standard
1: The overall market needs to strengthen first, with a breakthrough above the peak in March 2024 being the initial signal of market recovery.
2: Further break through the historical high of the entire market in 2021, indicating that funds and sentiment have significantly returned, and the crypto market has entered a high-intensity active cycle.
3: ETH has reached a new high, indicating that mainstream funds have rotated from BTC to Ethereum and are beginning to spread towards the on-chain ecosystem.
4: SOL has risen above the $250 mark. As one of the barometers of the altcoin market, a strengthening SOL indicates that funds are beginning to flow more rapidly into various on-chain assets.
The typical path of capital rotation is:
Beginning of a bull market: funds first enter BTC → BTC market share rises → altcoins are drained → altcoins generally decline
alt season begins: funds flow out of BTC → BTC dominance declines → altcoins gain liquidity → altcoins rise broadly
Only when funds gradually flow from BTC to ETH and other altcoins, and multiple leading projects continue to rise, does it meet the characteristics of a complete alt season. Sporadic individual coins rising do not signify the true start of an alt season.
ETH0.74%
BTC2.51%
SOL0.91%
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RespectTheMarketAndRvip
· 07-26 14:52
Charge charge charge charge charge charge charge charge charge charge charge charge charge charge charge charge charge charge charge charge charge charge charge charge charge charge charge charge charge
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SunnyWithoutRainvip
· 07-26 03:36
What to do next with the short order?
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