Analyst Says Alt Season Has Yet to Begin as Average Altcoin Lags BTC by Just 10%
- —Average altcoin has outperformed BTC by only about 10% since Bitcoin's bottom
- —Zcash is up more than 726% over a year; Quant rallied from $59 to $370
- —Even XRP has not beaten BTC, while ETH, SOL and BNB are barely ahead
- —Bitcoin is stuck between $85,000 and $86,000 with roughly 58% dominance
Why it matters: It signals that a broad altcoin rally has not arrived, favoring selective trades over waiting for a market-wide breakout.
Source: CryptoPotato