Altcoin Season Index Don Drop Reach 40, E Dey Prolong Bitcoin Season
Altcoin Season Index don drop reach 40, e mean say Bitcoin Season go last longer. For the past 90 days, Bitcoin don perform pass more than 75% of the top 100 altcoins dem. Less than 25% of altcoins beat how Bitcoin perform, this one push capital flow enter BTC and make Bitcoin market dominance grow while e reduce altcoin wahala (volatility). Main things wey dey drive this change na macroeconomic wahala, institutional money wey dey enter through spot ETFs, waiting for halving, plus Bitcoin get digital-gold story. Traders suppose dey gather Bitcoin with dollar-cost averaging and make dem dey rebalance dem portfolio to put more weight for BTC. Dem gats also check out altcoins wey get better chance before next altcoin season and make dem dey manage risk well for tokens wey no too dey perform. For history, altcoin seasons dey follow when Bitcoin dominance peak, new DeFi/NFT story, economy stable or big altcoin upgrades happen. If dem dey watch these triggers plus Altcoin Season Index, e go help traders fit position well for next altcoin season cycle.
Bullish
Di drop for Altcoin Season Index go 40 mean say capital dey still flow enter Bitcoin, wey dey push up BTC demand and market dominance. For short term, this focus on Bitcoin and less altcoin wahala fit make price dey go up. For long term, traders wey dey rearrange portfolio dem and dey build BTC position fit encore the bullish momentum, but altcoin performance still dey low until next cycle show face.