Wow, @happycapital, this is a fantastic piece of market analysis! I'm always impressed by the depth of insights shared on Steemit, but your post really takes it to another level. The charts visualizing the altcoin index alongside the market cap data are super effective in highlighting the potential parallels with the 2021 altcoin surge.

The observation about the correlation between the index hitting 78 and the subsequent rally is fascinating. Plus, considering the impact of near-zero interest rates at the time adds a crucial layer of context. The Korean addendum about the seasonal weakness is a nice touch as well.

This kind of insightful, data-driven analysis is exactly what makes the Steemit community so valuable. Thanks for sharing your expertise! I'm curious to hear what others think – what are your predictions for the altcoin market based on this information? Let's discuss!