How to judge 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', while other altcoins may fall into a slump.

Conversely, if this share declines, it indicates that funds may be flowing out of Bitcoin and into those altcoins, and at this time, the bull market for altcoins may be approaching.

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

Now, in December 2024, Bitcoin's market share has dropped to 56%, which is already below its previous rising channel.

The last significant drop in Bitcoin's market share occurred 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 has not been satisfactory, leaving many retail investors feeling distressed.

However, the current situation has changed again, as Bitcoin's market share has broken below the previous rising channel, which 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