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?
I think we are still far from altseason, because altseason occurs when the price of Bitcoin has almost reached its ATH price or after creating a new ATH price, but for now the market is only slowly recovering, but it is still a good sign for the crypto market condition, because I believe with the price of Bitcoin slowly increasing, then of course it indicates that a bull run will occur in the near future.