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?
There is a proverb: the bigger the wind and waves, the more expensive the fish. Therefore, as the most profitable altcoin market, it often attracts a large number of gamblers to participate in it. Therefore, the encryption market is often driven by emotions. Although it is clearly known that this is a crazy and dangerous vortex, the temptation of huge benefits is often irresistible to greedy human nature.