The crypto market is similar to the stock market, with cyclical hot spots rotating. One of the most关注的现象 is altseason, which is the period when cryptocurrencies other than Bitcoin collectively rise.
What is Altseason? A market phenomenon every trader must know
Altseason refers to the period when the market performance of altcoins collectively surpasses Bitcoin. Simply put: when a large amount of capital flows from Bitcoin to other coins, the prices and trading volumes of altcoins will experience explosive growth.
Unlike in the past, today's altseason is no longer just about funds shifting from BTC to altcoins. According to CryptoQuant CEO Ki Young Ju, stablecoin liquidity and institutional capital inflows have become new driving forces. In the past, traders would shift to altcoins during BTC consolidation periods.