the higher bitcoin goes and consolidates, the stronger the alt season will be.
alt season is already here. but it also comes in different waves and with different strengths.
remember how bitcoin got stuck between $90k-100k for a few weeks? that was the biggest surge.
now people are complaining that bitcoin is sucking some liquidity out of the market again, going up big again, falling a little, going up big again.
but that means the next wave will be even stronger than the $90-100k wave. it also shows that alts haven't topped out yet.
if bitcoin had continued to consolidate at $90-100k like it did a few weeks ago, the chances of it topping out would have gotten bigger and bigger.
would it have been better for alts at this point in time? - yes
but that would also mean the alt season wouldn't have continued.
The fact that Bitcoin is now moving higher and pushing alts down a bit again means that the previous wave of the alt season was just one of several.