explain alt season in 3 words ...

Idk brosMultiple publicly traded companies have the need for eth price to go up nowLike their entire end goal is making that price go up for shareholder valueAnd rumor is many more are comingOn top of that, one of them has more eth on hand than the foundationIt kinda feels like eth will get the infinite institutional bid && ultimately alts will run on the back of thatRisk curve expands but eth leader of alt szn happening now n for the future. ...

alt szn confirmed. we will all get gfs!gm. https://t.co/CSl26FgWhJ ...

I think right now is a very good time to bring this post back up. I posted this back in November when the market started to really heat up and we didn't officially get alt season then because of Bitcoin dominance. It only broke down slightly.Today is a little bit of a different story. Now, I said back then that your time to position yourself is extremely limited now and it was and it still is even now. for for an example, most of the old coins that were starting to heat up during this time because this was ...

spx6900 making a new all time high is the best alt season indicator one could ask for ...

wake up babe, its alt szn 🌞 https://t.co/P5auhZEon5 ...

Noticing relative ETH strength this morningEither WW3 incoming soon or…dare I say…alt szn? ...

Cryptocurrency & Regulation - The industry is closely watching the White House's focus on stablecoins during "Crypto Week" [1] - The industry is questioning the potential impact on cryptocurrencies like XRP and XLM, which primarily focus on stablecoin-related functionalities, and whether they will experience price increases [1] Altcoin Market - The industry is observing a potential "Alt Season" and identifying promising altcoins [1] - The industry is emphasizing the importance of seizing opportunities to profit from available market gains [1]

Alt Season and what Alts Im picking uphttps://t.co/NDT5TzT8x3LIVE RIGHT NOWIf there's money on the tablePick it up. https://t.co/TqYqSCzJKLEasy (@EasyEatsBodega):ITS A BEAUTIFULLL DAYYYYYlive RIGHT NOWhttps://t.co/NDT5TzT8x3 https://t.co/8wb3bueJzk ...

Market Overview & Potential - The crypto market, currently at $365% trillion, is perceived as just the beginning, consolidating around all-time highs [2][3] - Industry anticipates significant upward movement in altcoins, contingent on Bitcoin's performance and dominance [3][5] - Retail interest in crypto remains low, despite Bitcoin reaching new highs, suggesting potential for future growth when retail participation increases [16][17] Bitcoin Analysis - Bitcoin's price increase and liquidity are crucial for the growth of Ethereum and altcoins [5] - Bitcoin balances on exchanges are decreasing, potentially leading to a supply shock due to institutional adoption and ETF purchases [22][23] - Bitwise reports total Bitcoin holdings of 847,000, representing 403% of the total 21 million Bitcoin supply, with a total value of $91 billion [24] Ethereum Insights - Ethereum is approaching a critical point, needing to surpass $3,000 to signal a shift towards $4,000 and retest all-time highs [8] - Ethereum exchange reserves are also dropping, indicating surging buying demand alongside enterprise and institutional adoption [9] XRP Analysis - XRP is showing bullish signs, with potential for significant price movement, driven by institutional adoption and involvement in government initiatives [11][12] - XRP's market value has reached a 7-week high, crossing above $239%, with whales accumulating XRP, holding 4732% billion XRP [19][20] - XRP dominance is starting to break out of a downtrend, with targets of 6% to 8% and 11% to 143% against Bitcoin [27] Supply Shock & Adoption - A potential Bitcoin supply shock could significantly boost altcoins, including XRP, as institutional players and ETFs drive demand [26][29] - Banks are showing interest in holding crypto assets, further diminishing supply and potentially leading to a supply shock [29][30] - Industry projects that if crypto market hits $5 to $7 trillion, XRP could reach $440 to $612 at 5% dominance, or $1050 to $1477 at 12% dominance [33]