Personally speaking, alt season would not be successful if dominance doesn't go down, many people already have an open long position of altcoins. It would be a bit boring again to get the same familiarity, this time altcoins will not be able to hit the all-time high easily. More than that crypto society doesn't need a pump of the useless projects, only potentially good projects deserve to live in the alt season.
i found the reason why alts are so low.
they are blindly sold. the price is the same but the price in sats got lower and lower.
btc influences alts MECHANICLY so normally the price MUST go with bitcoin.
it doesnt because sellers are pulling the price down.
when btc rises the worth of the las bid in sats also rises.
compare the worth of sats per altcoin before the bullrun and now.
alts lost nearly 33% in sats even if the price in dollars is the same.
i can suggest everyone to go out of the cryptomarket until the btc bubble pops.
alts will bleed to death and THEN its time to invest.
it will go price mechanicly down and there not enough optimism to defend the price surge
that it falls to death is a logical consequence not even speculation.
it sounds fudly but believe me you will thank me for that.
that btc bubble will pop soon. the patience of investors runs out.
investing in alts now is a high risk bet where you can loose a lot now.
wait until it pops. then you get alts EXTREMELY cheap. thats the best strategy i can suggest now.
Interesting but scary explanation, the bubble will not pop unless governments accept the law against the use of Bitcoin or any bigger resistance like quantum projects will appear. Everyone wants to buy from the cheapest prices but catching a falling knife can be harmful if the trader has no idea about catching the minimum dip of the markets.