ChainCatcher news, according to Cointelegraph, since Trump won the U.S. presidential election, the altcoin market has surged significantly, but Felix Hartmann, managing partner at Hartmann Capital, warns that the altcoin market may experience volatility in the short term as institutional investors increase profit-taking activities.Felix Hartmann stated, "Considering that the altcoin season is currently over." "Traders may remain irrational, but we are already in a phase where teams and venture capital are starting to cut back more aggressively."However, other traders believe this is just the beginning of the altcoin season. Anonymous cryptocurrency trader MilkyBull Crypto stated, "It seems logical from this month to March. The altseason has just begun and will last for about 90 days."

ChainCatcher news, Cobo co-founder and CEO Shen Yu posted on X: "I was wrong, I didn't expect the altcoin season to come at the end of November."Previously, Shen Yu had stated, "There is no altcoin season in this cycle."

ChainCatcher news, according to Cointelegraph, crypto analyst Mikybull Crypto stated that Bitcoin's dominance in the crypto market has dropped to 56.1%, below its two-year support line, which may indicate that the market has "officially entered altcoin season," as the decline in Bitcoin's dominance suggests that investors are taking profits from their BTC positions and reallocating some funds into altcoins.Since Trump's election victory, the demand for Ethereum exchange-traded funds (ETFs) in the crypto market has increased by over 160%, further supporting analysts' expectations that Ether will rise above $4,000.

ChainCatcher message, trader Eugene Ng Ah Sio shared on his personal social platform: "The last Token2049 marked a local bottom for the market and signaled the beginning of a new round of altcoin cycles. What will this Token2049 bring?"

ChainCatcher news, Kryptanium Capital co-founder Daniel Yan posted on social media that a 5% flash crash in a bull market is quite healthy, which is not surprising. What is truly surprising is that BTC.D (Bitcoin dominance) has fallen alongside BTC for the first time in a long time, indicating that the altcoin season is really approaching.