How to Determine the Arrival of the 'Altcoin Season'!

In fact, there is a key indicator that can help us glimpse the trend of altcoins, which is the 'market share of Bitcoin'.

When this share rises, it means that funds are flowing into Bitcoin, as if Bitcoin is 'sucking blood', and other altcoins may fall into a slump.

Conversely, if this share decreases, it indicates that funds may be flowing out of Bitcoin and into those altcoins, signaling that an altcoin bull market may be approaching.

Looking back at history, in March 2017, Bitcoin's market share fell from 80% to 30%, and shortly after, the altcoin bull market unfolded vigorously. The same situation occurred in January 2021 when the share dropped from 70% to 40%, and the altcoin bull market erupted again.

Now, by December 2024, Bitcoin's market share has fallen to 56%, a figure that is already below its previous upward channel.

The last time Bitcoin's market share saw a significant drop was in January 2021, after which altcoins began to emerge and gain momentum. Although there was a brief rebound for Bitcoin between June 2023 and November 2024, the overall performance of altcoins was disappointing, leaving many retail investors feeling anxious.

However, the current situation has changed again, as Bitcoin's market share has broken below the previous upward channel, which very likely indicates a new round of altcoin season! #加密市场回调 #市场调整後的机会？ #比特币战略储备 #加密用户突破1800万