Is this altcoin rotation actually real, or just another trap while BTC chops?
Is this altcoin rotation actually real, or just another trap while BTC chops?
BTC has been moving pretty sideways lately, but some mid-cap alts suddenly started waking up. I’m seeing random 15–30% moves, volume spikes, and a lot more people talking about “alt season” again.
I’m not sure if this is real rotation or just traders getting bored while BTC waits for its next move. When I check volume and funding across a few exchanges, some of these alt moves look strong but also kind of overcrowded already.
The part that makes me cautious is how fast sentiment changed. A few green candles and suddenly everyone is acting like the market is back.
Are you guys treating this as the start of a real alt rotation, or are you still mostly staying in BTC/ETH until there’s a clearer confirmation?
BTC dominance is 2% above it’s annual low and alt coins are a bit higher than that low because ETH is less and there is more money into other alts.
For any true alt season you first have to wait for bitcoin to surge significantly. As money pours in it rotates from btc to eth to large/mid caps and then meme coins.
The market is down quite a bit right now overall, meaning a good buy opportunity if you have conviction. Most alts are crap but some have utility.