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Despite the overall market entering a comprehensive fall today 📉, especially with Ethereum's decline intensifying, meme series coins are rising quickly in this bull run. However, they also fall quickly during market pullbacks. Analysts believe that Bitcoin's dominance in the crypto assets market has recently dropped from 65% to 62%, sparking discussions about the upcoming "alt season." However, analysts point out that while some alts are performing strongly, the overall market has not yet entered a full bull run phase. Alphractal CEO Joao Wedson predicts that a comprehensive altcoin season may not unfold until June, but the current market is still in the early stages. Additionally, although Bitcoin's price remains stable at around $103,000, alts like Ethereum, XRP, and Solana have recently risen more than Bitcoin, indicating that investor interest is shifting towards these assets. Analysts also remind that historical data shows that alt seasons typically only fully unfold when Bitcoin's dominance falls below 54%, which has not yet been reached.
#比特币披萨节