Start of Altseason

- The Total3 index, excluding BTC and ETH, has reached a three-year high, signaling a possible start of altseason.

- The market capitalization of altcoins has increased by 23.2%, approaching the peak of May 2021.

- Bitfinex notes that the growth is driven by regulatory changes and increased investor interest in altcoins.

Situation with Bitcoin

- BTC is struggling to hold above $93,000, having decreased by 3.5%.

- Bitfinex warns of a possible BTC correction, which could increase the volatility of altcoins.