週期性低點的Altcoin季節？分析師要求潛在的反彈

Altcoin季節是否即將到來？分析師指出，週期性低點和比特幣的主導地位是Altcoin Rally的潛在前體。

Altcoin season: will it stay or will it go? As Bitcoin continues its dominance, analysts are eyeing cyclical lows in the altcoin market, sparking discussions about a potential altcoin rally.

Altcoin季節：會留下還是會去？隨著比特幣繼續進行的主導地位，分析師正在關注Altcoin市場中的周期性低點，引發了關於潛在山寨幣集會的討論。

Decoding the Altcoin Season

解碼Altcoin季節

A recent analysis highlights a key indicator: the $TOTAL3ESBTC chart. This chart tracks the ratio of the total altcoin market cap to Bitcoin, excluding stablecoins. The analyst, Prometheus on X, notes that previous market cycles showed deviations below cyclical range lows just as Bitcoin entered a new price discovery phase. These deviations were marked by Bitcoin absorbing liquidity, outperforming altcoins, and then followed by an aggressive rebound in the altcoin market.

最近的分析強調了一個關鍵指標：總3ESBTC圖表。該圖表跟踪總山幣市值與比特幣的比率，不包括Stablecoins。分析師X上的Prometheus指出，以前的市場週期在比特幣進入新的價格發現階段時顯示出低於週期性範圍的偏差。這些偏差的特徵是比特幣吸收流動性，勝過山寨幣，然後在Altcoin市場中進行了積極反彈。

The Cyclical Lows: A Repeat Performance?

週期性低：重複表現？

According to the analyst, the current cycle mirrors past trends, with Bitcoin dominance expanding and BTC pushing higher. This suggests that Bitcoin will continue to absorb liquidity for now. However, the analyst calls for the beginning of the "money printer" phase, indicating the potential for an altcoin-led breakout when BTC cools off. History doesn't repeat itself, but it often rhymes. If the analyst is right, then get ready to put on your dancing shoes.

根據分析師的說法，當前的周期反映了過去的趨勢，比特幣的優勢擴大，BTC越來越高。這表明比特幣目前將繼續吸收流動性。但是，分析師要求開始“貨幣打印機”階段的開始，表明BTC冷卻時有可能出現由Altcoin主導的突破。歷史不會重演，但經常押韻。如果分析師是正確的，請準備穿上舞鞋。

Timing is Everything

時機就是一切

The analysis also cautions against mistiming the altcoin move. While some traders associate Bitcoin's rally with altcoin growth, history indicates that altcoin rallies typically occur when Bitcoin pauses or retraces slightly. This allows liquidity to shift from Bitcoin into altcoins, triggering explosive but short-lived rallies.

該分析還警告不要將山寨幣移動弄亂。儘管一些交易者將比特幣與替代幣增長相關聯，但歷史表明，當比特幣暫停或稍微追溯時，山寨幣集會通常發生。這使流動性可以從比特幣轉移到山寨幣，從而觸發爆炸性但短暫的集會。

Ethereum's Retail Exodus

以太坊的零售出埃及記

While altcoins are poised for a potential rally, Ethereum faces a more nuanced situation. Data reveals a decline in retail interest in ETH, with traders selling as the price stagnates. This contrasts with whale activity, which shows gradual accumulation of ETH. Meanwhile, the altcoin season index is declining significantly, signaling Bitcoin season as capital rotates to BTC.

儘管Altcoins有望進行潛在的集會，但以太坊面臨的情況更為細微。數據表明，ETH零售利息的下降，交易者的價格停滯不前。這與鯨魚活動形成鮮明對比，鯨魚活動表明ETH的逐漸積累。同時，AltCoin季節指數正在大大下降，隨著資本旋轉到BTC，比特幣季節標誌著比特幣季節。

A Contrarian View

逆勢觀點

It's worth noting that the crypto market is inherently unpredictable, and no analysis can guarantee future outcomes. While the analyst's insights are compelling, it's crucial to conduct thorough research and exercise caution when making investment decisions.

值得注意的是，加密市場本質上是不可預測的，沒有分析可以保證未來的結果。儘管分析師的見解令人信服，但在做出投資決策時要進行徹底的研究和謹慎至關重要。

Conclusion

結論

So, will the altcoin season arrive? While uncertainty prevails, analysts' calls and cyclical lows offer a glimmer of hope for altcoin enthusiasts. Keep your eyes peeled, stay informed, and remember to enjoy the wild ride that is the crypto market!

那麼，Altcoin季節會到來嗎？儘管不確定性盛行，但分析師的電話和周期性低點為Altcoin愛好者帶來了一絲希望。保持眼睛剝落，保持了解，並記住享受加密市場的野外旅程！