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Small Bitcoin holders, who hold from 1 to 10 coins, are already starting to lock in profits and transfer liquidity into various altcoins.
This is another factor that points to a further correction of Bitcoin dominance and a massive revival of the alt sector, which is already starting to come into play little by little.
Just keep in mind, this does not mean that Bitcoin will no longer grow and all growth will be directed exclusively to the altcoin, this information basically tells us that it is worth betting more on altcoins than on Bitcoin, since a huge fresh liquidity is now starting to flow into this sector, which will have a very positive effect on the price of assets.
There is an opinion that the altseason will no longer be determined by the rotation of assets from BTC.
In previous uptrend cycles, when many were still trading altcoins in pairs with BTC, after its growth, funds actively went into altcoins, which led to the altseason đź
Now the growth of altcoin trading volumes is driven not by pairs with BTC, but by pairs with stablecoins and fiat , which reflects real market growth, and not just a redistribution of assetsđ
â With the adoption and convenience of stablecoins, their liquidity better explains the movement of coins in the market. Although it is also worth considering the redistribution of funds.
Ethereum is Accelerating: Is the Market Ready for a New Leap?
Interest in Ethereum is growing before our eyes! In November, the inflow into the ETH-ETF was $1 billion, which is tens of times more than in previous months.
In October it was only $43 million, and in August it was a paltry $4 million.
Could this be a signal for a new round of growth, you ask? ETH has already surged 47% in a month, and it looks like retail investors are coming back.
I think Ethereum will be the next major asset for the crowd! If you think so, it's your turn đĽ
The GMCI index, which measures the performance of leading meme coins by market cap, continues to rise. It has gained over 130% in November and continues to rise after some sideways trading.
â ď¸ It is important to note that fundamentally based tokens are also starting to grow. It is possible that the meme season will run parallel to the alt season.
However, analysts note that the memecoin market appears overheated and investors are already tired. They are increasingly gravitating towards microcap tokens, looking for higher returns compared to memecoins with larger capitalization.
đ Liquidity is returning to Ethereum and DeFi projects. BTC dominance is steadily declining, and its price is stagnant. The main thing is not to miss the moment when it will be necessary to fix profits on memes and start actively buying fundamental altcoins.