#山寨季何时到来？# alt season refers to a period in the Crypto Assets market when a large number of alts (Digital Money other than Bitcoin) see a big pump in prices.

Current Market Status Analysis
The market is still in the "Bitcoin dominance" phase:
Funds flowing into Bitcoin → Bitcoin's market cap share increases → Alts are drained and fall
Funds flowing out of Bitcoin → Bitcoin's dominance decreases → Altcoins start to attract capital
From the emotional perspective, it is still a bear market mentality now:
Investors generally just want to break even and are not crazily chasing the rise - the true end of a bull market will see a frenzy of borrowing and speculation on coins by the public - we are far from reaching that irrational state at the moment.
How to determine the arrival of alt season? Here are 4 key indicators: 1. Altcoin season index: If 75% of the top 50 altcoins outperform Bitcoin within 90 days, it is alt season. 2. Bitcoin dominance: The proportion of Bitcoin's market capitalization in the entire crypto assets market.
3. Total market capitalization of alts (TOTAL2): The total market capitalization of the top 125 alts excluding Bitcoin.
4. ETH/BTC exchange rate: The flow of funds usually follows this order: Bitcoin → Ethereum/SOL → mainstream alts → secondary alts → Meme coins
How to choose potential alts?
1. Project fundamentals:
The project is still operational, and the code is continuously updated.
Keep social media active
Community ( Telegram/Discord ) is maintained by administrators
It is very likely that institutional funds have already intervened.
2. Market Cap Selection:
Prioritize the top 50 alts by market capitalization
This round of the market will not experience a big pump like in 2021; only quality projects will perform outstandingly.