A new joint report by Bybit and Block Scholes analyzes the delays in the so-called 'altseason' and explores market dynamics.
Altseason: It's All About Timing
Traders expect capital flow from mainstream cryptocurrencies like BTC and ETH to altcoins based on historical growth surges, but the current market deviates from previous cycles. BTC maintains dominance despite achieving multiple all-time highs.
The New Landscape and the Path Ahead
The report uncovers reasons for deviation from past patterns, including BTC halvings, ETF-induced institutional capital inflows, and the role of stablecoins. For instance, the BTC halving in April 2024 did not slow down its performance, indicating potential structural changes in markets.
Future Opportunities
Prospects for the future include natural capital rotation as BTC holders take profits and invest in altcoins. ETH's impact could also catalyze interest in altcoins. Institutional investor participation and sustained retail enthusiasm in meme coins could trigger a new altseason.
The Bybit and Block Scholes report provides a detailed analysis of current market conditions and potential scenarios for the future altseason, emphasizing the importance of strategic adaptation to new realities.
