Stop calling it altcoin season and take a look at the numbers first. Bitcoin’s market dominance is still at 60.3%, and the Altcoin Season Index is only at 40—far from the 75-point confirmation threshold. The total altcoin market cap shrank from $1.85 trillion to $1.05 trillion in a month, a drop of over 40%. The money simply hasn’t rotated in. Yesterday, TradingView even had a glitch: Bitcoin dominance briefly showed a plunge to 24%, and a bunch of people thought altcoin season had arrived. Turns out it was just a data error. BTC is still grinding around $74,000. With the index below 75 and dominance above 60%, so-called altcoin season is just wishful thinking. If altcoins are going to take off, wait for BTC to show its direction first. #山寨季 #Bitcoin