Bitcoin returning to $100,000 is definitely a signal, but does this signal point to altcoin season? The relationship between Bitcoin and altcoin season: Are they good friends or competitors? The relationship between Bitcoin and altcoins is like two sides of the same coin—they are interdependent yet have their own cycles. 🫧 Let’s think about a few questions: ▶️ Will funds flow from Bitcoin to altcoins? When Bitcoin's price reaches a high level and starts consolidating, funds may flow to other well-performing altcoins. After all, investors are always looking for higher returns, right? ▶️ Can historical patterns be referenced? Looking at Bitcoin's historical cycles, every time Bitcoin reaches a periodic high, altcoins often experience a wave of broad-based gains. For example, after Bitcoin hit $60,000 in 2021, the altcoin market saw an explosive rally. But will it be the same this time? We still need to look at the current market conditions. 🫧 Current market conditions: Are there signs of an altcoin season? ▶️ Altcoin trading volumes are rising: Recently, the trading volumes of many altcoins have indeed been increasing, which is often considered a precursor to the start of an altcoin season. ▶️ New narratives are emerging: For instance, new projects in emerging fields are attracting significant attention. Could these new hotspots become the leaders of the next altcoin season? However, some risks should also be noted: ▶️ Market saturation and token oversupply: There are simply too many altcoins in the market now, and many projects lack real-world use cases, making them short-lived. ▶️ The impact of Bitcoin ETFs: The launch of Bitcoin #ETFs could change the flow of funds, as institutional investors may prefer Bitcoin as a relatively safer asset. 🫧 Altcoin season is both an opportunity and a challenge. Altcoin season could bring explosive growth to some smaller coins, especially those with innovative technology or new narratives. However, many altcoins lack fundamental support, are highly volatile, and their prices can plummet quickly when market sentiment reverses. Careful selection is essential. Bitcoin returning to $100,000 is indeed an important signal and may indicate the arrival of an altcoin season, but the market is always full of uncertainties. It’s crucial to approach the market rationally. #BTC #Bitcoin