Brothers, the opportunity window may be opening.
The on-chain data has been very clear these days: the total supply of stablecoins is trending upwards, and new blood continues to enter; the net outflow of BTC from exchanges has slowed, while the spot buying depth of some major altcoins has increased significantly, with funds being reallocated and the market sentiment shifting.
10x Research's mention of the "decline of Bitcoin's dominance" aligns closely with the changes in the holding distribution I monitor. The pace of accumulation in BTC by large wallets has slowed, and some smart money is beginning to diversify into altcoin pools. More critically, the perpetual contract funding rate has returned to a neutral or even low level, while spot trading volume is rising, indicating that this round of rotation is driven by genuine spot buying, not leveraged inflated bubbles.
My assessment remains unchanged: market risk appetite is recovering, but it is far from a frenzy stage. Once BTC enters a high plateau or experiences a mild correction, the narrative of the altcoin season will be ignited rapidly.
Key focus areas:
1. Public chains with recent fundamental upgrades and high ecological activity
2. DeFi blue chips with actual cash flow and buyback mechanisms
3. Mid-layer protocols that are still undervalued and have strong community consensus
Don't wait until the whole network is shouting "altcoin season" to chase high prices. The data has already spoken, volatility is an opportunity. Stay calm, allocate in batches, and avoid high leverage; in this round of market, holding spot is more likely to capture the full upside than contracts.
I have adjusted my positions; do your own research and hold steady. Remember: bull markets always unfold amidst skepticism and end in frenzy. Now, it has just begun.
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