Why Alt Season May Be on the Horizon

• Blockchain Center data indicates that an expected Alt Season is not imminent.
• Ash WSB outlines a four-phase path to this highly anticipated event, beginning with Bitcoin stabilizing and money flowing into Ethereum.
• According to Blockchain Center’s Altcoin Season Index, we’re still deep within Bitcoin Season.

Path to Alt Season

Ash WSB outlines a four-phase path for the highly anticipated Alt Season, beginning with Bitcoin stabilizing and money flowing into Ethereum. As Ethereum posts impressive gains, it could be an indication of the next phases approaching.

Blockchain Center’s Index

According to Blockchain Center’s Altcoin Season Index, we’re still deep within Bitcoin Season with only 9 out of the top 50 coins outperforming Bitcoin. This suggests that it may be too soon for the imminent arrival of Alt Season.

Recent Developments & Market Trends

Recent developments and market trends are influencing whether or not alt season will arrive in the near future. Factors such as retail investor demand, institutional adoption, and global macroeconomic conditions can all play a role in determining if altcoins will start to outperform bitcoin over time.

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