The season of alternative coins has begun. (Alt Season refers to small and medium-sized coins other than Bitcoin). However, this market change is different from the past, how should investors interpret it?
Ki Young Ju: This season of altcoins is different from the past
Bitcoin market share is no longer the determining factor
He said that traditionally, the start of altcoin season is closely related to the decline in Bitcoin's (BTC) market dominance. However, Ki Young Ju emphasized that Bitcoin's market dominance is no longer the key determinant of altcoin season, the real key indicator is trading volume.
According to his observation:
The trading volume of altcoins has reached 2.7 times that of Bitcoin, indicating that market funds are flowing massively into altcoins.
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#BTC 价格走势分析
The season of alternative coins has begun. (Alt Season refers to small and medium-sized coins other than Bitcoin). However, this market change is different from the past, how should investors interpret it?
Ki Young Ju: This season of altcoins is different from the past
Bitcoin market share is no longer the determining factor
He said that traditionally, the start of altcoin season is closely related to the decline in Bitcoin's (BTC) market dominance. However, Ki Young Ju emphasized that Bitcoin's market dominance is no longer the key determinant of altcoin season, the real key indicator is trading volume.
According to his observation:
The trading volume of altcoins has reached 2.7 times that of Bitcoin, indicating that market funds are flowing massively into altcoins.