Altcoin Season Analysis

山寨幣季節分析

According to crypto influencer Wise Advice, Bitcoin's halving events can trigger substantial growth in Ethereum and other altcoins. After Bitcoin's halving on November 9, 2021, Ethereum reached its all-time high of $4,800 a day later, while Solana's all-time high of $250 was recorded five days earlier. Similar surges were observed during previous Bitcoin halving events.

根據加密貨幣影響者 Wise Advice 的說法，比特幣減半事件可能會引發以太坊和其他山寨幣的大幅成長。比特幣於 2021 年 11 月 9 日減半後，以太坊在一天後達到 4,800 美元的歷史新高，而 Solana 則在五天前創下了 250 美元的歷史新高。在先前的比特幣減半事件中也觀察到了類似的激增。

Money Flow Pattern

資金流向模式

Wise Advice explains that altcoin season typically follows a specific pattern:

Wise Advice 解釋說，山寨幣季節通常遵循特定的模式：

• Phase 1: Investors purchase Bitcoin, driving up its price.
• Phase 2: Ethereum outperforms Bitcoin, leading to discussions about a potential "flip."
• Phase 3: Ethereum continues to outpace Bitcoin, while large-cap altcoins experience rapid growth.
• Phase 4: Altcoin season begins, with mid-caps, low-caps, and micro-caps surging in value. Large-caps and meme coins also see gains.

Bitcoin Dominance

第一階段：投資人購買比特幣，推高其價格。山寨幣經歷快速成長。大盤股和迷因幣也有所上漲。

After each Bitcoin all-time high, its dominance over the cryptocurrency market tends to decline. Wise Advice believes that the current dominance level of 53% suggests the market is at the start of a cycle that could lead to another altcoin season.

在比特幣每次創下歷史新高後，其在加密貨幣市場的主導地位往往會下降。 Wise Advice 認為，目前 53% 的主導水平表明市場正處於可能導致另一個山寨幣季節的周期的開始。

Potential Altcoins for This Season

本季的潛在山寨幣

Some altcoins that may perform well during this season include:

在這個季節可能表現良好的一些山寨幣包括：

• New contenders: Bonk (BONK), dogwifhat (WIF), Pepe Coin (PEPE), and PeiPei (PEIPEI)
• Tap-to-earn game coins: Notcoin (NOT) and Hamster Kombat
• Solana ecosystem coins
• Real-world assets (RWAs)

Bitcoin's Technical Weakness

新競爭者：Bonk (BONK)、dogwifhat (WIF)、Pepe Coin (PEPE) 和 PeiPei (PEIPEI) 點擊賺取遊戲幣：Notcoin (NOT) 和 Hamster KombatSolana 生態幣現實世界資產 (RWA) 比特幣的技術弱點

Bitcoin is currently facing weakness on the technical chart, rejected multiple times by the 200-day exponential moving average. This weakness has been attributed to the German government selling BTC and the Mt. Gox repayment.

比特幣目前在技術圖表上面臨疲軟，多次被 200 天指數移動平均線拒絕。這種疲軟歸因於德國政府出售 BTC 和 Mt. Gox 的償還。

Despite Bitcoin's challenges, some altcoins, such as Notcoin (NOT), Celestia (TIA), and MANTRA (OM), are experiencing gains.

儘管比特幣面臨挑戰，但一些山寨幣，例如 Notcoin (NOT)、Celestia (TIA) 和 MANTRA (OM) 正在經歷收益。