📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
#山寨季何时到来?# alt season refers to a period in the Crypto Assets market when a large number of alts (Digital Money other than Bitcoin) see a big pump in prices.
Current Market Status Analysis
The market is still in the "Bitcoin dominance" phase:
Funds flowing into Bitcoin → Bitcoin's market cap share increases → Alts are drained and fall
Funds flowing out of Bitcoin → Bitcoin's dominance decreases → Altcoins start to attract capital
From the emotional perspective, it is still a bear market mentality now:
Investors generally just want to break even and are not crazily chasing the rise - the true end of a bull market will see a frenzy of borrowing and speculation on coins by the public - we are far from reaching that irrational state at the moment.
How to determine the arrival of alt season? Here are 4 key indicators: 1. Altcoin season index: If 75% of the top 50 altcoins outperform Bitcoin within 90 days, it is alt season. 2. Bitcoin dominance: The proportion of Bitcoin's market capitalization in the entire crypto assets market.
3. Total market capitalization of alts (TOTAL2): The total market capitalization of the top 125 alts excluding Bitcoin.
4. ETH/BTC exchange rate: The flow of funds usually follows this order: Bitcoin → Ethereum/SOL → mainstream alts → secondary alts → Meme coins
How to choose potential alts?
1. Project fundamentals:
The project is still operational, and the code is continuously updated.
Keep social media active
Community ( Telegram/Discord ) is maintained by administrators
It is very likely that institutional funds have already intervened.
2. Market Cap Selection:
Prioritize the top 50 alts by market capitalization
This round of the market will not experience a big pump like in 2021; only quality projects will perform outstandingly.