marketstructureb

While most people are watching Bitcoin and waiting for a breakout, some traders have already shifted their focus. CryptoMickeyMouse on Binance Square said outright that he isn’t wasting time trading BTC in October and considers this period altcoin season.
The BTC chart really does show a prolonged sideways trend with declining volume. The price is holding within a wide range, momentum is weak, and major moves are happening increasingly often in altcoins. This is a classic picture of capital rotation: when Bitcoin stops providing volatility, money starts looking for faster opportunities in the mid- and small-cap segments of the market.