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Recently, the Crypto Assets market has seen remarkable changes. The alts index experienced an astonishing rise from 15 to 57 in just one month. This data indicates that alts have successfully broken free from Bitcoin's dominance, showcasing an independent development trend.
However, despite this rise being exciting, market analysts point out that the true 'altcoin season' has not fully arrived. Traditionally, it is only considered to have officially entered the ultimate frenzy phase when the altcoin index breaks the key threshold of 75.
The current market situation resembles a prelude, laying the groundwork for a forthcoming larger-scale market shift. Investors and market observers are closely monitoring the development of this trend, contemplating whether the current rise indicates that more frantic market behavior is about to emerge.
It is worth noting that while small coins are performing well, investors still need to remain vigilant. The cryptocurrency market is known for its volatility, and any investment decision should be based on thorough research and risk assessment. How the market will trend in the future, let's wait and see.