London -based research firm Crypto Exchange Bibit and Block Scols have published a new report, analyzed as to why the much awaited altcoin season has not yet come up during the current market cycle.
The market so far is “a sea of uncertainty”. But can it still become a witness to a change for Altseason?
In Report“Altcoin rotation – Why has Altseason not come this time?” Bybit and Block Scholes can delay in delaying the onset of an altcoin boom.
In the previous cycles, Altcoins recorded a large scale price profit between the bitcoin (BTC) capital rotation, which increased by 6X or 7x in the ultachoine market as a millionaires in the ecosystem. However, the current cycle has so far recorded such a movement, despite the run -of -bit run, which is for all time above $ 109,000.
What’s next?
According to the report, many factors have contributed to the current Crypto Market Outlook.
A major factor is that April 2024 Bitcoin Halling did not trig the historic dip in BTC dominance. Bibit and block scols analysts saw the departure from previous bull cycles, with dominance of bitcoin despite BTC’s struggles since the BTC Ath.
In particular, Altcoins have not performed the runs seen in 2017 and 2021. The Atherium (eth) has not had capital rotation and then other altcoins as it was done in those cycles.
“Since 2022, the Etherium not only bitcoin but many competitions” atherium killers, such as Solana (Sol) and Sui (Sui (needle. The report has raised doubts to be taken to a new Ultson, “the report states.
The crypto landscape has been “complicated” even after bitcoin spot exchange-traded funds and institutional adoption. It seems that most institutional investors are reluctant to rotate capital into small-cap coins.
However, the report suggests that there is a possibility of late bounce in altcoins. Stabelcoin growth signal on retail interest amidst strong position. The $ 19 trillion in the trading volume for centralized exchanges in the fourth quarter of 2024 supports this approach.
A discovery for altcoin opportunities may accelerate if BTC reaches new heights in 2025, then intensity should be increased with capital rotation.
A landscape in which institutional investors are heated to the top altcoins run by new products and regulatory clarity will contribute more to the possibility. Notable retail interest, including meme coins, can also fuel a fresh Altcoin season.
