Have you heard that you are still waiting for the altcoin season to arrive? In fact, we are already in the altcoin season!
Currently, BTC's dominance has retraced from a high of 61% to about 55%, and it is showing significant resistance at this 55% level.
The altcoin season index has reached 86, close to the historical high of 100. In the past 90 days, 42 out of the top 50 tokens have outperformed Bitcoin, accounting for 84%.
The total market capitalization of the crypto market excluding BTC has already surpassed the previous high of November 2021, reaching $1.6 trillion, while the total market capitalization of altcoins is also approaching the previous high of $446.85 billion in November 2021.
So, don't hesitate any longer, hold tight to your altcoins! As long as BTC's dominance drops below 50%, altcoins are likely to experience a historic breakout and welcome a surge in prices!