$BTC
Will the altcoin season have to wait until 2025? BTC's status is on the rise
Bitcoin's position is becoming increasingly solid, and it seems that the altcoin season will have to be postponed.
The altcoin season index also reveals that the rebound for altcoins will take some more time. Recently, the prices of well-known altcoins have been adjusted quite severely.
The cryptocurrency market has seen significant fluctuations this week, but the overall trend is downward. While some are hoping for the altcoin season to arrive quickly, the latest data suggests that we might have to wait a bit longer.
To be honest, we may have to endure until 2025 for the spring of altcoins to come.
Bitcoin is still the leader;
There is a data analysis platform that recently tweeted that in the past 30 days, only a few altcoins can compete with Bitcoin.
Usually, when Bitcoin rises steadily, some altcoins can stand out. However, this past 90 days, the altcoin season has not arrived, and Bitcoin's status has become increasingly solid. Considering the performance of those altcoins, this is not surprising.
Although Bitcoin has also seen declines, altcoins have dropped even more severely, which suggests that Bitcoin's market share will continue to increase.
In just one week, Bitcoin's dominance has increased by 1%, and it has now surpassed 56%.
If you want to seize this bull market, learning on the fly will definitely be too late; it would be best to have someone help you get up to speed quickly.
I am Uncle Lei, welcome to communicate!
