Is altcoin season really here? Can ADA capitalize on this capital rotation?
After every major Bitcoin rally, the market starts anticipating altcoin season.
But I believe ADA investors shouldn’t focus solely on BTC’s price. They should pay closer attention to whether capital is actually starting to flow into altcoins.
I’ll be watching three signals:
1. Is BTC dominance starting to decline?
If BTC dominance continues to fall, it may mean that market capital is starting to look for opportunities beyond Bitcoin. But that doesn’t mean all altcoins will rise.
2. Is ADA/BTC showing signs of a reversal?
This is one of the indicators I believe is most worth watching.
If ADA/BTC starts to bottom out after a prolonged decline, forms higher lows, or even breaks above its previous swing high, that could signal a return of ADA’s relative strength.
3. Is capital actually flowing into the Cardano ecosystem?
Price can’t be driven by market sentiment alone.
DeFi capital, on-chain activity, stablecoin liquidity, and real-world demand for use are the fundamentals worth tracking over the long term.
My view:
I won’t assume ADA is bound to catch up just because BTC is rising.
What’s truly worth looking forward to is ADA starting to show its own relative strength when BTC enters a consolidation phase.
That could be the start of capital rotation.
Do you think ADA could outperform BTC in the next altcoin season?
$ADA #cadano #BTC
After every major Bitcoin rally, the market starts anticipating altcoin season.
But I believe ADA investors shouldn’t focus solely on BTC’s price. They should pay closer attention to whether capital is actually starting to flow into altcoins.
I’ll be watching three signals:
1. Is BTC dominance starting to decline?
If BTC dominance continues to fall, it may mean that market capital is starting to look for opportunities beyond Bitcoin. But that doesn’t mean all altcoins will rise.
2. Is ADA/BTC showing signs of a reversal?
This is one of the indicators I believe is most worth watching.
If ADA/BTC starts to bottom out after a prolonged decline, forms higher lows, or even breaks above its previous swing high, that could signal a return of ADA’s relative strength.
3. Is capital actually flowing into the Cardano ecosystem?
Price can’t be driven by market sentiment alone.
DeFi capital, on-chain activity, stablecoin liquidity, and real-world demand for use are the fundamentals worth tracking over the long term.
My view:
I won’t assume ADA is bound to catch up just because BTC is rising.
What’s truly worth looking forward to is ADA starting to show its own relative strength when BTC enters a consolidation phase.
That could be the start of capital rotation.
Do you think ADA could outperform BTC in the next altcoin season?
$ADA #cadano #BTC
