Three indicators to judge when the altcoin bull market will come
1. BTC dominance
The current market share of Bitcoin is 53%, a multi-year high
The next level to watch is about 58-60%
This range has previously served as a support and resistance area
BTC.D will reach the peak of the cycle and begin to fall back
Capital will turn to SOL,ETH → mainstream coins → altcoins
2. ETH/BTC
ETH has been underperforming since December 2021
When ETH/BTC hits the bottom and starts to pick up the bull trend
The rising phase of the altcoin market cycle begins
3. Stablecoin inflows
A key indicator of on-chain data is stablecoin inflows
The influx of stablecoins usually drives the momentum of altcoins
Pay close attention to the on-chain issuance of USDT, which represents a very good sentiment for bottom-fishing
