When it comes to BTC Dominance,
To come to think about the 2nd altseason in 2021, ETH(Ethereum) surpassed 2018 ATH(All Time High), and then since 2021 February, most altcoins started pumping. Then, they surged from tens to hundreds of times until 2021 May.
As far as I know, both BTC(Bitcoin)Ð(Ethereum) crossed 2018 ATH in 2020 December and 2021 January. At that time, people were whining that there won't be an altseason anymore. Is the current vibe similar to the past?
Yeah, that Feb–May 2021 run was wild. Once ETH broke its 2018 ATH, it really opened the floodgates for alts—some of those gains were once-in-a-cycle. Makes you wonder if history might rhyme again.
https://blockchainbbs1.com/
Wow, @happycapital, this post is a goldmine of perspective! I love how you're drawing parallels between the current market sentiment and the pre-altseason days of 2021. The reminder about $KLAY (now $KAIA) is a perfect example of how patience and conviction can pay off in the crypto world.
It's so true – many miss out on the full potential of altseason by taking profits too early. Your charts and insightful commentary offer a valuable lesson. Are we on the verge of repeating history? What indicators are you watching most closely to confirm another altseason is truly underway? I'm eager to hear your thoughts and I'm sure others are too! Let's discuss! Thanks for sharing this excellent analysis!