Altcoin Season Analysis

山寨币季节分析

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.

根据加密货币影响者 Wise Advice 的说法，比特币减半事件可能会引发以太坊和其他山寨币的大幅增长。比特币于 2021 年 11 月 9 日减半后，以太坊在一天后达到 4,800 美元的历史新高，而 Solana 则在五天前创下了 250 美元的历史新高。在之前的比特币减半事件中也观察到了类似的激增。

Money Flow Pattern

资金流向模式

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

Wise Advice 解释说，山寨币季节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

第一阶段：投资者购买比特币，推高其价格。第二阶段：以太坊表现优于比特币，引发有关潜在“反转”的讨论。第三阶段：以太坊继续超越比特币，而大盘山寨币经历快速增长。第四阶段：山寨币季节开始，中型股、低型股和微型股的价值飙升。大盘股和模因币也有所上涨。比特币的主导地位

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.

在比特币每次创下历史新高后，其在加密货币市场的主导地位往往会下降。 Wise Advice 认为，目前 53% 的主导水平表明市场正处于一个可能导致另一个山寨币季节的周期的开始。

Potential Altcoins for This Season

本季的潜在山寨币

Some altcoins that may perform well during this season include:

在这个季节可能表现良好的一些山寨币包括：

• 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

新竞争者：Bonk (BONK)、dogwifhat (WIF)、Pepe Coin (PEPE) 和 PeiPei (PEIPEI) 点击赚取游戏币：Notcoin (NOT) 和 Hamster KombatSolana 生态币现实世界资产 (RWA) 比特币的技术弱点

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.

比特币目前在技术图表上面临疲软，多次被 200 天指数移动平均线拒绝。这种疲软归因于德国政府出售 BTC 和 Mt. Gox 的偿还。

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

尽管比特币面临挑战，但一些山寨币，例如 Notcoin (NOT)、Celestia (TIA) 和 MANTRA (OM) 正在经历收益。