🔴｜Bitcoin's upward momentum is slowing, altcoin market is rising❗
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Since November, driven by the positive factor of Trump's successful election as President of the United States, the cryptocurrency market has shown explosive growth overall.
Initially, Bitcoin (BTC) rapidly climbed from $66,000 to $99,000, nearly breaking through the $100,000 mark.
Previously, Bitcoin had been leading the bull market alone, with many altcoins showing almost no movement; their collective market value remained in the bear market range.
Currently, Bitcoin is hovering around $97,000, stagnating, while at this moment, altcoins and some established cryptocurrencies have been unusually active in recent days.
For example, ALT has risen back to the $0.19 level, achieving a 35.7% increase in just four days. Among the established cryptocurrencies, XRP is the most prominent, with its price soaring from $0.50 to a historic high of $2.90 in just a month❗
Have you noticed that the altcoin market has quietly emerged?
Previously, many complained about Bitcoin's rise while altcoins remained stagnant; in fact, it was the perfect time to position in altcoins.
Just two months ago, I had also pointed out multiple times that most altcoins were severely undervalued at that time.
Moreover, Binance founder CZ and F2Pool co-founder Shen Yu both tweeted, declaring that the altcoin season has indeed arrived. What doubts do you have left?
📍Criteria for defining altcoin season:
If 75% of the top 50 altcoins have performed better than Bitcoin in the past 90 days, it means that the altcoin season has begun.
Currently, the altcoin index shows a sharp rise in just a few days, breaking through the key threshold of 75%, reaching 86%. Official WeChat account: Yunzi Commune, Rabbit Waste County
This indicates that in the past 90 days, 86% of the top 50 altcoins have outperformed BTC, and according to this index measurement, the altcoin season has indeed arrived.
So now, isn't it the perfect opportunity to seek out those altcoins that haven't significantly risen yet and position yourself in advance? Do you still remember the glory of past altcoin seasons?
At that time, casually buying any altcoin could yield joy in price increases the next day.
