Altcoin季节即将到来：ETH，XRP，SOL，ADA和SHIB备受推验以胜过BTC

根据加密货币交易者和投资者的说法，Altcoin季节（另一种替代加密货币的表现都优于领先的资产比特币），预计很快就会在任何时候开始。

Cryptocurrency traders and investors have been eagerly awaiting the arrival of altcoin season, a period when alternative cryptocurrencies outperform the leading asset Bitcoin. Recent market developments, including an indication of Ethereum (ETH) bottoming and several major altcoins showing promising signals, suggest that this season could be kicking off soon.

加密货币交易员和投资者一直在热切地等待Altcoin季节的到来，在此期间，其他加密货币的表现优于领先的资产比特币。最近的市场发展，包括表明以太坊（ETH）底部的迹象和一些有希望的信号的主要山寨币，这表明本赛季可能很快就会开始。

On-chain analytical platform Cryptoquant's analysis of the relative price of the second-largest cryptocurrency, compared to Bitcoin, might have seen its bottom.

与比特币相比，链上分析平台加密量分析对第二大加密货币的相对价格的分析可能已经看到了底部。

“Relative price of ETH bottomed out and major altcoins are showing good signs. Especially, the ratio of ETH volume to BTC volume reached 0.89, the highest level since August 2024.”

“ ETH的相对价格触底了，主要的山寨币显示出良好的迹象。特别是，ETH量与BTC量的比率达到0.89，是2024年8月以来的最高水平。”

Key Altcoins Showing Recovery Signs

钥匙端币显示恢复标志

The ETH/BTC price ratio has skyrocketed by 38% over the last week. This upward movement comes after the ratio hit the lowest level recorded since January 2020.

在上周，ETH/BTC的价格比飙升了38％。这种向上的移动是在2020年1月以来的最低水平之后进行的。

According to CryptoQuant, the ratio level has indicated a relative bottom for ETH and furthered the larger altcoin outperformance.

根据加密量，比率水平表明ETH的相对底部，并进一步提高了较大的Altcoin优于性能。

“ETH entered an extreme undervaluation zone relative to Bitcoin, based on the ETH/BTC MVRV metric, for the first time since 2019. Similar conditions in 2017, 2018, and 2019 were followed by periods where ETH outperformed Bitcoin significantly, signaling strong mean-reversion potential.”

“基于ETH/BTC MVRV度量，ETH与比特币相对于比特币进入了极端低估的区域，这是自2019年以来的首次。2017年，2018年和2019年的类似条件随后是ETH显着胜过比特币的时期，信号表明强大的均值逆转电位。”

This pattern extends beyond Ethereum. XRP’s technical indicators show oversold conditions similar to those seen before its previous major rallies, while Solana’s on-chain metrics demonstrate continued network growth despite price suppression. Cardano’s development activity remains high, suggesting fundamental strength that could translate to price appreciation once market sentiment shifts.

这种模式超出了以太坊。 XRP的技术指标显示出类似于以前主要集会前看到的条件，而Solana的链固定指标表明，尽管价格抑制了价格，但仍表现出持续的网络增长。 Cardano的发展活动仍然很高，这表明一旦市场情绪转移，它可以转化为价格升值。

Even meme coins are participating in the early signs of altcoin season. Despite its speculative nature, Shiba Inu has maintained strong community engagement and has been developing utility through its ecosystem expansion, including the ShibaSwap DEX and upcoming layer-2 solution.

甚至模因硬币也参与了Altcoin季节的早期迹象。尽管具有投机性的性质，但Shiba Inu仍保持了强大的社区参与度，并通过其生态系统扩展（包括Shibaswap Dex和即将到来的2层解决方案）一直在发展实用性。

Technical Analysis Confirms Bottom Formation

技术分析证实了底层

Another key event affirming the presence of altcoin season is the price in the relative ratio of ETH’s spot trading volume, which hit 0.89, a level last seen in August 2024.

确认Altcoin季节存在的另一个关键事件是ETH现货交易量的相对比率的价格达到0.89，这是2024年8月最后一次出现的水平。

As the analysis highlighted, this development points to an increase in traders, holders, and investors’ exposure to ETH in comparison to Bitcoin.

正如分析所强调的那样，与比特币相比，这一发展表明，交易者，持有人和投资者对ETH的曝光率增加。

The analysis further highlighted that this volume surge isn’t limited to Ethereum. XRP has seen increased whale activity, with large transactions suggesting institutional accumulation. Solana’s trading volume has maintained healthy levels despite market volatility, while Cardano has experienced renewed retail interest.

分析进一步强调，这种体积激增不仅限于以太坊。 XRP的鲸鱼活动增加了，大量交易表明机构积累。尽管市场动荡，但索拉纳（Solana）的交易量仍保持健康水平，而卡尔达诺（Cardano）经历了新的零售利息。

It bears mentioning that this pattern was experienced from 2019 to 2021, a time when ETH outpaced Bitcoin by increasing its value by four times its price. During that same period, other major altcoins experienced even more dramatic gains, with some assets delivering 10x to 100x returns as the altcoin season peaked.

它提到这种模式是从2019年到2021年经历的，这是ETH通过将其价值提高四倍的价格超过比特币的时代。在同一时期，其他主要的山寨币经历了更加巨大的收益，随着山寨币季节的达到顶峰，一些资产的收益率为10倍至100倍。