#AltcoinMomentum
Why hasn't the 'altcoin season' arrived yet?
CEO of CryptoQuant believes that although BTC keeps setting new highs, the current growth mainly comes from institutional investors and capital flows from Spot ETFs going directly into Bitcoin, rather than altcoins.
BTCUSDT
Perpetual
95,258.4
+1.93%
For altcoins to break out, there needs to be a flow of capital from retail investors. If FOMO returns, trading activity will become vibrant, creating momentum for the altcoin season. However, until then, altcoins will have to fend for themselves to attract capital without the assistance of Bitcoin's upward trend.