😀😀The altcoin season is coming soon!!
Here are the typical characteristics of altcoin season:
Last week, the crypto market saw an influx of 6.283 billion USD, which set a historical high since January 2022. Looking at Bitcoin's market share, it has fallen below the steepest upward trend line.
From the market's movements, it is clear that the cryptocurrency market is no longer dominated by Bitcoin alone, but has transformed into a situation where everyone is experiencing an overall increase.
Moreover, Bitcoin's market share may continue to fluctuate downwards, which means that opportunities for altcoins are slowly increasing. The current altcoin market is just the beginning!
From the perspective of the total market capitalization of cryptocurrencies, we are currently striving to break through the total market cap high point of March this year. If we can surpass that, a new round of overall market rally will begin again.
In summary, buying during the pullback and holding on will be particularly valuable in the next 1-2 months, which will be a rare stage of overall market rally.
