From the historical chart and according to recent observations, the onset of Altcoin season appears to coincide with the stabilization of Bitcoin prices. As Bitcoin's volatility decreases, traders are seemingly turning towards accumulating altcoins, indicating that we may be on the cusp of an Altcoin season.
What is your thoughts? Are you agree with the point?
Yes, I agree with the point that the onset of Altcoin season appears to coincide with the stabilization of Bitcoin prices at 30k$ or near that price. This indicates that traders are likely turning towards altcoins as Bitcoin's volatility decreases and that we may be entering a new Altcoin season.