Odaily星球日报讯 风险投资家 Felix Hartmann 警告称，随着机构投资者增加获利回吐活动，山寨币市场可能在短期内出现震荡。其解释道：“一旦势头出现，我们就必须降低杠杆，并看到一些大幅回调。”其指出，大多数山寨币的资金费率现在“高于”年化 100%，最近的走势纯粹是由永续合约交易者在现货交易量下降的情况下推动的，“下跌将是残酷的，”Hartmann 说道。 然而，并非所有交易员都同意这一观点，并认为这只是山寨币季的开始。匿名加密货币交易员 MilkyBull Crypto 近日表示：“从本月到明年三月似乎合乎逻辑，山寨币季刚刚开始，将持续约 90 天。” 交易员经常将比特币市占率作为山寨币季节开始的关键指标。根据 TradingView 的数据，截至发稿时，比特币市占率为 55.11%，在过去 30 天内下跌了 7.88%。（Cointelegraph）

Odaily星球日报讯 风险投资家 Felix Hartmann 警告称，随着机构投资者增加获利回吐活动，山寨币市场可能在短期内出现震荡。其解释道：“一旦势头出现，我们就必须降低杠杆，并看到一些大幅回调。”其指出，大多数山寨币的资金费率现在“高于”年化 100%，最近的走势纯粹是由永续合约交易者在现货交易量下降的情况下推动的，“下跌将是残酷的，”Hartmann 说道。然而，并非所有交易员都同意这一观点，并认为这只是山寨币季的开始。匿名加密货币交易员 MilkyBull Crypto 近日表示：“从本月到明年三月似乎合乎逻辑，山寨币季刚刚开始，将持续约 90 天。”交易员经常将比特币市占率作为山寨币季节开始的关键指标。根据 TradingView 的数据，截至发稿时，比特币市占率为 55.11%，在过去 30 天内下跌了 7.88%。（Cointelegraph）

分析：山寨币季刚刚开始，将持续约90天到明年3月

Odaily Planet Daily reports that venture capitalist Felix Hartmann has warned that the altcoin market may experience volatility in the short term as institutional investors increase their profit-taking activities. He explained: "Once the momentum appears, we have to de-leverage and see some significant corrections." He pointed out that the funding rates of most altcoins are currently "above" 100% annualized, and the recent trend has been purely driven by perpetual contract traders as spot trading volume has declined, "the drop will be brutal," Hartmann said. However, not all traders agree with this view and believe that this is just the beginning of the altcoin season. Anonymous cryptocurrency trader MilkyBull Crypto recently stated: "From this month to March next year, it seems logical, the altcoin season has just begun and will last about 90 days." Traders often use Bitcoin's market dominance as a key indicator for the start of the altcoin season. According to TradingView data, as of the time of writing, Bitcoin's market dominance is 55.11%, down 7.88% in the past 30 days. (Cointelegraph)

Odaily Planet Daily Report: Risk investor Felix Hartmann warned that the altcoin market may experience volatility in the short term as institutional investors increase profit-taking activities. He explained: "Once the momentum appears, we have to de-leverage and see some significant corrections." He pointed out that the funding rates of most altcoins are currently "above" 100% annualized, and the recent trend has been purely driven by perpetual contract traders as spot trading volume has declined, "the decline will be brutal," Hartmann said. However, not all traders agree with this view and believe that this is just the beginning of the altcoin season. Anonymous cryptocurrency trader MilkyBull Crypto recently stated: "From this month to March next year, it seems logical, the altcoin season has just begun and will last about 90 days." Traders often use Bitcoin's market dominance as a key indicator for the start of the altcoin season. According to TradingView data, as of the time of writing, Bitcoin's market dominance is 55.11%, down 7.88% in the past 30 days. (Cointelegraph)

Analysis: Altcoin season has just begun and will last about 90 days until March next year

Odaily Planet Daily reported that Bitwise's Head of European Research, André Dragosch, stated that since the US election in early November, more and more <Altcoins> have outperformed Bitcoin. In addition, <Altcoins> seem to be driven by a more diversified investment narrative, and their performance is also showing an increasingly widening differentiation. André Dragosch pointed out that Bitwise's data shows that the correlation between Bitcoin and major <Altcoins> is weakening. Major <Altcoins> have outperformed Bitcoin in both weekly and monthly indicators, showing greater stability, even though Bitcoin has experienced significant volatility recently. After Bitcoin hit a new all-time high of $103,000, its price has fallen by more than 5% in the past 24 hours, falling below the $100,000 mark. In comparison, <Altcoins> such as Ethereum and Solana have only experienced a slight correction of around 1% during this decline.

Analyst: Major Altcoin show greater stability, and the correlation with Bitcoin is weakening

"The Creator Says" is a dialogue column created by <Foresight News>, where we ask questions on hot market topics to the outstanding creators selected each month and compile the collected results into articles, seeking diverse opinions and uncovering deeper thoughts.

Creator says | Bitcoin market share is falling, is the alt season coming?

The Bitcoin price plunged by nearly $60 million this morning, reaching $90,500.