Quote from: raja9167 on April 18, 2023, 08:11:38 AM

Quote from: The Cryptovator on April 01, 2023, 09:33:45 AM

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.

It's important not to be misled into thinking that a decrease in Bitcoin's volatility will lead to an altcoin pump. In reality, Bitcoin will always be the market leader in leading the way into altseason. This is a fundamental principle of the market that cannot be ignored. Many theories are unreliable, and it's not wise to make decisions based on them. If Bitcoin remains at 30k while an unexpected coin pumps to its all-time high, you may be surprised to see a large portion of the market experience a dump throughout the market cycle.