Bitcoin Dominance Dey Fall as Coinbase Talk Say Altcoin Season Dey Come
Coinbase dey predict say Altcoin Season go start for September as Bitcoin dominance drop from 65% go 59%. Better liquidity, tight bid-ask spreads, plus rising risk appetite dey support dis change. Rare MACD death cross for monthly Bitcoin dominance chart remind person of 2017 and 2020 signals wey show before explosive alt rallies. CMC Altcoin Season Index don climb reach 42, e dey show say momentum dey grow.
Plenty projects dey deploy token buyback and reserve mechanisms to boost demand. Pump.fun (PUMP) don repurchase and burn over 76.6 billion tokens for Solana. Story Protocol’s IP token collect $82 million from Nasdaq-listed company, dem get plan for open-market buybacks. Chainlink Reserve dey convert network revenues to LINK automatically. BounceBit (BB) don repurchase 8.87 million tokens and get plans for multi-year buys.
These moves fit help support prices as macro environment remain stable. As Bitcoin dey consolidate, money fit flow into large-cap altcoins like ETH and SOL before e scatter go small tokens. Traders suppose dey watch liquidity metrics, dominance trends, and buyback activities as possible catalysts. Even though volatility risk and reserve strategy wahala still dey, outlook for Altcoin Season still dey bullish.
Bullish
Bitcoin dominans dey fall, wan rare MACD death cross plus di Altcoin Season index dey rise, dem three dey signal say alt rallies go soon show. Better liquidity plus small spread dey make trading no too hard. Project-level buyback plus reserve waka from Pump.fun, Story Protocol, Chainlink and BounceBit dey create steady demand. Short term, dis kine tori fit boost altcoin inflows and price momentum. Long term, structural support plus stable macro condition fit make alt season dey last well well.