Whether altcoin season arrives depends on a decline in Bitcoin dominance, inflows into altcoins, and rising market sentiment. The current market is showing signs of a rebound in some altcoins, but due to liquidity, retail participation and macro factors, the full altcoin season has not yet arrived.
Indicators such as altcoin quarterly indexes and on-chain data determine the ➕ timing of Bitcoin's market capitalization as a proportion of the total market capitalization of the crypto market. A decline in dominance often signifies a flow of funds from Bitcoin to altcoins, potentially signaling altcoin season.
Summary: At present, it is still a small try.
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