Altcoin Season…Or Just a Mirage? ⚠️

Signs point to altcoins stirring, but don’t fall for the hype! While social media is buzzing and charts are flashing, data reveals this isn’t your typical bull run.

Over the last 60 days, a shocking 8 out of 55 large-cap altcoins have actually outperformed $BTC. The rest? Lagging or declining. Capital isn’t flowing broadly – it’s laser-focused on a select few. $BAT and $CHZ are exceptions, not the rule.

Bitcoin dominance remains strong at 60%, and the Altcoin Season Index is still low. Raoul Pal warns this divergence is HIGH RISK, with gains concentrated in a tiny handful of tokens. 🧐

Patience and smart risk management are key. This isn’t a season, it’s a selection.

#AltcoinSeason #Bitcoin #CryptoAnalysis #MarketInsights 🚀

BTCUSDT

Perp

87,290.2

-0.80%

BATUSDT

Perp

0.2145

+1.99%

CHZUSDT

Perp

0.03506

+0.89%