Now everyone knows that the altcoin season has arrived
But no one tells you how to judge that the altcoin season has come
An important indicator of the altcoin rush is the 'Bitcoin Market Share'
🌟Rising market share: Funds flowing into Bitcoin, Bitcoin draining liquidity, altcoin bear market
🌟Declining market share: Funds flowing out of Bitcoin/funds flowing into altcoins, altcoin bull market
In March 2017, the market share dropped from 80% to 30%, triggering an altcoin bull market
In January 2021, the market share dropped from 70% to 40%, triggering an altcoin bull market
In December 2024, the current market share is 56%, having fallen below the upward channel
The last major drop in market share was in January 2021, after which altcoins began to emerge strongly, in June 2023 it broke through and continued to rise until November 2024, altcoins have been hitting new lows, retail investors are suffering greatly, and it has now fallen below the upward channel, preparing for a new round of altcoin season.