The difference between previous alt seasons and this alt season! ❤️

In the past, alt season usually saw funds flow from Bitcoin (BTC) to other cryptocurrencies (altcoins), resulting in altcoins outperforming BTC.

The three core elements of the traditional alt season include:

1️⃣ Capital rotation: BTC's upward momentum slows, funds flow into ETH and mainstream altcoins, eventually spreading to small-cap tokens.
2️⃣altcoins outperform BTC: The market has seen a broad rally, with some altcoins skyrocketing several times in the short term.
3️⃣Market sentiment FOMO: Retail investors are entering in large numbers, and community hype is soaring.

However, the market environment in 2025 is different from the past, showing characteristics of "alt season 2.0":

1️⃣ Funds are no longer just flowing out of BTC, but are directly flowing into specific narrative sectors (such as AI, RWA, PolitiFi, etc.) from stablecoins (like USDT, USDC).
2️⃣Sector rotation is accelerating, with funds concentrated in a few high-quality projects rather than a widespread rally.
3️⃣Institutional funding and narrative-driven, rather than retail FOMO dominance.

Market funds have changed the direction of operation. Only by letting go of past fixed thinking can one make money in this changing market. #中心化交易所Top3的重塑时刻 #Kevin Lee入驻Gate广场 #香港数字资产政策2.0发布