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?
The correlation between bitcoin stabilization and the start of altcoin season has been observed historically, suggesting a potential trend. Already now popular tokens such as BNB, ETH and TFS are already showing good dynamics, although we should still wait. However, market dynamics can change, and it is important to consider various factors before drawing conclusions.
it is also necessary to consider the dynamics of the market as a whole, because not all tokens follow the trend, sometimes it is related to the project itself