I can't see even any signs of a rally in altcoins, your view is just a baseless assumption, can't be used as a reference. Apart from that, if you want to discuss certain tokens such as Analog, it's better to go straight to the point without having to ask questions above.
- Ammar M. A.
the signs it's january last year the price of altcoin surge alot when bitcoin break above 50k.
since then altcoin dominance goes down everymonth till now.
I dont think we can see altseason in this cycle
Altcoin season will arrive, we just need to be patient. So many people always ask, ‘when moon.’ This leads to impatience & often weak bands get bored & sell, thinking the top is in. We still have not had parabolic Altcoin season but it will come. Usually Altcoin run ups follow Bitcoin bullish periods so we need to keep our eyes on Bitcoin & watch Bitcoin Dominance. When Bitcoin pumps hard people will rotate into Altcoins & then we start profit season.
the fact that people are on the brink of running out of their patience might be a sign that bullish is here
, maybe after few more corrections then we might see the market changing trend, but as for now, it will need to sideline people, though there's no guarantee alt season what I mean by altcoin season is all altcoin going up might really happen.
you see even when altcoin hitting ATL right now, altcoin market cap is still as high as ever
it gives us a good insight that people are just rotating between new alts and abandon the old one, I won't have too much of an expectation for altcoin to be honest, only new altcoin might get bullrun.
just read this.
https://coinmarketcap.com/charts/bitcoin-dominance/not cryptomarketcap chart