$BTC BTC has reached 102K, an increase of 5K compared to last week; however, Altcoins have not shown strong growth, increasing too quickly isn't good, right AE?
Currently, it has far surpassed the previous ATH, the necessary conditions for an Alt season are in place, just waiting for it to release DOM for another successful season with all of Crypto.
Last season, we witnessed that whenever BTC had a strong growth phase, a few days later Altcoins would follow. Market makers often tend to swap from BTC to Altcoin pairs to realize compound profits.
This season is a bit strange; the house has spent two years boosting BTC, but only a few Altcoins are showing strong growth, which is odd compared to how Binance is listing many memecoins on their platform.
I believe the house will still apply the method of swapping BTC for Altcoins; currently, they are just testing us a little. If they only sell BTC and then push it down a bit like this just to buy back, it would really be a waste of effort, and they are dumping on each other because there are not many small fish buying BTC; the little fish mainly buy meme Altcoins.
Is there anyone in AE who shares my belief?