Is altcoins season here already as BTC is below it's ATH, and altcoins are still showing greenish moves in the market. Looking at the market dominance, it seems the altcoins are making moves to surface themselves, as ETH is moving high, with approach to $3.5k and other altcoins showing similar moves, even when Bitcoin hasn't gone above the $120k yet.
Is altcoins season here already or its too early to call what the market is showing altcoins season.
it's too early to call it a full blown alt-season yet. What we are seeing right now is the
early rotational phase in this phase the capital slowly starts moving towards ETH and top-tier alts. ETH pushing towards $3.5k is definitely a positive sign and green movements across the markets hint that alt season might be close. but as we look towards past bull runs the
alt season takes place after Bitcoin completes it's move and drops. And retail money starts going in he low and mid market caps aggressively.
In short we are warming up but it is not alt season yet. If BTC stays steady it might be around the corner. The setup is forming we just have to wait a little.
What are you guys noticing in the mid cap alts like MATIC, LINK etc.