When will the knockoff season start? Brothers all know that we are currently in the Bitcoin season, and almost all altcoins are being affected by it. At present, holding counterfeit coins is indeed very distressing. From the indicators, we can clearly see that the current market environment is very favorable for BTC. If we compare the market dominance of altcoins and BTC, the correlation between the two is clear at a glance. In November 2024, we did experience the expected trend reversal and thought we would usher in the season of altcoins. However, starting from December, the situation has been completely opposite, which also explains why altcoins are now suffering heavy losses because liquidity has been drained by BTC. However, if we analyze the market dominance of different categories of altcoins, we will discover some interesting phenomena. 🟡 The dominant position of the altcoin market, excluding ETH and stablecoins, is on the rise. 🟡 The dominant position of the altcoin market, which includes ETH but does not include stablecoins, is showing a downward trend. 🟡 This indicates that the price of ETH has a significant impact on the proportion of the entire altcoin market. If the price of ETH can rise in the future, the overall proportion of altcoins may return to a relatively healthy position, but this still depends on the future price trend of ETH. For long-term investors, if you firmly believe that the bull market will continue, then a fixed investment (DCA) strategy may be the best choice, or patiently wait for a trend reversal. Now you have no better choice but to wait.