🫡 ALTSEASON. Read.
>>> “When will altseason happen?!”

Most top altcoin founders have a lot of BTC & ETH. These two assets are the oldest in crypto, and because of this, they contain all the liquidity in the market. Any altcoin has a mission for its founder—to gain profit: more BTC, more ETH, more USDT. Because of that, from time to time, we see weak altcoins and a strong Bitcoin. At this moment, they buy and pump altcoins a lot.

The top chart is Bitcoin Dominance against other tokens. And now (31 Oct 2024), we see Bitcoin at an all-time high and altcoins nearly dead. But wait for it; you will see that liquidity will jump into your favorite token.

The bottom chart is DXY, meaning the dominance of the dollar against other currencies. That’s why I think the Bitcoin team (corporations, not Satoshi) built a fiat-like system, and we should expand this theory to understand more.

Remember, the end of 2025 - the end of the bull market.

Altseason may be on the horizon as liquidity shifts from BTC & ETH to promising altcoins. Stay tuned for potential opportunities in your favorite tokens! 🚀💰 