Altcoin季節不會很快到來，這就是為什麼

加密市場仍在等待備受期待的Altcoin季節，但跡象表明它可能不會很快到達。當資本從比特幣轉向以太坊（ETH）等頂級山寨幣時，山寨幣季節通常會啟動，從而引發了廣泛的集會。

The crypto market is still waiting for the much-anticipated altcoin season, but signs suggest it may not arrive anytime soon.

加密市場仍在等待備受期待的Altcoin季節，但跡象表明它可能不會很快到達。

Typically, altcoin seasons begin when capital flows from Bitcoin to top altcoins like Ethereum (ETH), triggering widespread rallies. However, this cycle is different—Ethereum’s weak performance and a changing Altcoin Season Index at 45 (out of 100) are holding things back.

通常，當資本從比特幣流向以太坊（ETH）等頂級山寨幣時，Altcoin季節開始觸發廣泛的集會。但是，這個週期是不同的 - Ethereum的性能較弱，而Altcoin季節的變化為45（滿分100分）正在阻止一切。

Funds Move to Stablecoins, Not Altcoins

資金轉移到Stablecoins，而不是Altcoins

Crypto analyst Ali Martinez recently pointed out a major shift: instead of moving from Bitcoin and Ethereum into altcoins, capital is flowing into stablecoins. This trend shows that investors are playing it safe, avoiding riskier bets on altcoins due to market uncertainty. Without strong inflows, altcoins are struggling to gain momentum.

加密分析師阿里·馬丁內斯（Ali Martinez）最近指出了一個重大轉變：與其從比特幣和以太坊轉向山寨幣，不如將資本流入穩定的情況下。這一趨勢表明，由於市場不確定性，投資者正在安全地發揮其安全性，避免了對Altcoins的風險賭注。沒有強大的流入，Altcoins正在努力獲得動力。

Capital continues to flow out of #Bitcoin and #Ethereum into stablecoins.

資本繼續從#BitCoin和#Ethereum流入Stablecoins。

No signs of altseason yet!

尚無季后賽的跡象！

pic.twitter.com/k7cDphNn7i

pic.twitter.com/k7cdphnn7i

Since Donald Trump’s election win, the supply of stablecoins has surged. Tether’s (USDT) supply has jumped by $20 billion, reaching a total of $140 billion, while USD Coin (USDC) has grown by $17 billion to hit $52 billion. Tether has also become the third-largest buyer of U.S. Treasuries, investing a staggering $113 billion in 2024.

自從唐納德·特朗普（Donald Trump）贏得勝利以來，穩定幣的供應激增。 Tether的（USDT）供應量增長了200億美元，總計1400億美元，而美元硬幣（USDC）增長了170億美元，達到520億美元。 Tether也已成為美國國債的第三大買家，在2024年投資了驚人的1,130億美元。

As stablecoin adoption grows, we might see a surge of liquidity flowing back into the crypto market. Moreover, with crypto czar David Sacks, mentioning stablecoins as a prime focus in US economy, stablecoins with a $227 Billion market cap is expected to boom even more in the coming months.

隨著Stablecoin採用的增長，我們可能會看到流動性流入加密貨幣市場。此外，隨著加密沙皇大衛·薩克斯（David Sacks）提到了穩定幣是美國經濟的主要重點，預計在接下來的幾個月中，具有2270億美元市值的Stablecoins將會更加蓬勃發展。

Ethereum’s Downward Slide

以太坊的下滑

Ethereum has historically been the spark that ignites altcoin seasons. In past bull runs, ETH led the charge, bringing attention and capital to the broader altcoin market. But right now, Ethereum is underperforming. Its price has remained largely flat over the last few months, and traders are shifting their focus to other Layer 1 projects and speculative tokens.

從歷史上看，以太坊一直是點燃山寨幣季節的火花。在過去的公牛奔跑中，ETH領導了這一指控，將注意力和資本帶到了更廣泛的Altcoin市場。但是現在，以太坊的表現不佳。在過去的幾個月中，其價格基本上保持平坦，交易者將重點轉移到其他第1層項目和投機令牌上。

Crypto trader Picolas Cage highlighted that altcoins can’t recover unless Ethereum bounces back. In previous bull markets, ETH fueled trends like ICOs, DeFi Summer, and the NFT boom. Without similar growth drivers today, altcoins are left struggling.

加密交易者Picolas Cage強調，除非以太坊反彈，否則Altcoins無法恢復。在以前的牛市中，ETH促進了ICO，Defi Summer和NFT繁榮等趨勢。如今，沒有類似的增長驅動力，AltCoins就會掙扎。

When Will Altseason Return?

阿爾特賽季什麼時候回來？

Global events have also impacted the crypto market. A recent flash crash triggered by new tariffs imposed by Donald Trump caused a massive sell-off across stocks, commodities, and crypto.

全球事件也影響了加密市場。最近，唐納德·特朗普（Donald Trump）徵收的新關稅引發的一次閃電擊事故引起了股票，商品和加密貨幣的大量拋售。

Altcoins took the biggest hit, with the total market cap dropping from $1.46 trillion at the end of January to $1 trillion by February 3, wiping out $460 billion in value.

Altcoins取得了最大的打擊，總市值從1月底的1.4.6萬億美元下降到2月3日到2月3日的1萬億美元，消耗了4600億美元的價值。

According to crypto analyst Rekt Capital, Bitcoin’s market dominance needs to exceed 70% before an altseason can begin.

根據加密分析師Rekt Capital的說法，在季后賽開始之前，比特幣的市場優勢需要超過70％。

#BTC Dominance

#BTC優勢

The strongest Altseasons have occurred every time Bitcoin Dominance rejected from 71%

每次比特幣優勢從71％拒絕時，最強大的高季節發生了

$BTC #Crypto #Bitcoin

$ btc #crypto #bitcoin

https://t.co/4rC6Se2PxR pic.twitter.com/15bd906Jg3

https://t.co/4rc6se2pxr pic.twitter.com/15bd906jg3

Currently, Bitcoin’s dominance is rising, but it’s not there yet. If history repeats itself, the real altseason might start once Bitcoin dominance reaches 71% and then pulls back. Until then, the crypto market remains in a holding pattern, with altcoins waiting for their moment to shine.

目前，比特幣的主導地位正在上升，但還沒有。如果歷史重演，一旦比特幣優勢佔據71％，那麼真正的Altseason可能會開始。在此之前，加密貨幣市場仍然處於持有模式，山寨幣等待他們的時刻發光。

Never Miss a Beat in the Crypto World!

永遠不要錯過加密世界中的節拍！

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

在Breaking News，專家分析以及對比特幣，Altcoins，Defi，NFTS等最新趨勢的實時更新中保持領先地位。