BTC has risen by $24,000 in just 6 weeks—if this portion of profit and liquidity starts rotating into altcoins, what happens?

In a bull market, capital typically doesn’t enter all at once.

Often, BTC goes up first—absorbing liquidity and attention. Then, once it has risen to a certain stage, funds may start looking for the “next asset that hasn’t moved yet,” and only then might the move spill over to altcoins.

So if altcoins haven’t moved, it could mean they’re lagging—or it could simply mean it’s not their turn yet.

But the real question is: has it just not reached the point yet, or is this rotation simply never going to happen?

To judge an Altseason, the key isn’t the rotation itself, but whether there is enough incremental capital.

Without new money coming in, the so-called rotation is merely funds moving from one pocket to another.

With incremental inflows, rotation may turn into a broad-based rally; without them, it’s hard to see a truly meaningful, full-blown altcoin season.