CryptoQuant CEO Ki Young Ju says altseason is no longer determined by a capital rotation from Bitcoin but by a surge in altcoin trading volume for stablecoin pairs.
The cryptocurrency market could be on the verge of the much-awaited altcoin season (altseason), much to the delight of speculative traders, but the determining factors might have changed, according to a prominent market analyst.
The crypto market is transforming, with cycle indicators, market structures and trading patterns changing rapidly.
“Altseason is no longer defined by asset rotation from Bitcoin,” CryptoQuant CEO Ki Young Ju said in a Dec. 2 post on X.