📰 Glassnode’s conclusion is very direct this time: the signal for the altcoin cycle has just shifted from Bitcoin dominance to altcoin season.
During the first round of rallies in August, even though Bitcoin’s price saw fluctuations, the overall performance of altcoins was fairly muted. That round was more like Bitcoin was moving on its own rhythm first, and altcoins didn’t immediately follow.
🔥 But today’s rise is different. Glassnode believes this market move has fully ignited the altcoin market. Honestly, when the market switches from “Bitcoin moves first” to “altcoins take the baton,” discussions in the group usually become lively in an instant.
💡 Of course, this assessment is about a change in the cycle signal—it doesn’t mean all altcoins will perform in sync. Unexpectedly, the relatively quiet altcoin segment earlier has quickly been pushed to the center of the market.
🤔 Do you think this is the real start of altcoin season, or just a temporary rotation within an overall uptrend?
#山寨币 #山寨季 #Glassnode #加密市场
During the first round of rallies in August, even though Bitcoin’s price saw fluctuations, the overall performance of altcoins was fairly muted. That round was more like Bitcoin was moving on its own rhythm first, and altcoins didn’t immediately follow.
🔥 But today’s rise is different. Glassnode believes this market move has fully ignited the altcoin market. Honestly, when the market switches from “Bitcoin moves first” to “altcoins take the baton,” discussions in the group usually become lively in an instant.
💡 Of course, this assessment is about a change in the cycle signal—it doesn’t mean all altcoins will perform in sync. Unexpectedly, the relatively quiet altcoin segment earlier has quickly been pushed to the center of the market.
🤔 Do you think this is the real start of altcoin season, or just a temporary rotation within an overall uptrend?
#山寨币 #山寨季 #Glassnode #加密市场
