A very interesting signal has recently appeared in the market—the dominance of Bitcoin is loosening, and real money is quietly flowing back in. What could this mean? The spring of altcoins may be coming.

**Bitcoin dominance is reversing, and funds are becoming restless**

Over the past three months, market sentiment has been revolving around BTC. But now, the trend is changing. When Bitcoin’s dominance starts to decline and funds move from "safe assets" to high-risk, high-reward targets, historical experience tells us: the altcoin season often begins quietly in this way.

**Stablecoins are building positions, and liquidity is quietly returning**

Notice? Stablecoins are continuously net inflowing. Money is returning on-chain, which is more important than anything else. Although trading volume hasn’t yet recovered to peak levels, the underlying liquidity is being rebuilt. It’s like a reservoir filling up, waiting for a moment to burst forth.

**This rebound is different: spot market is leading**

In the past, those false booms were mostly driven by leverage—short squeezes, futures bets, looking lively but unsustainable. This time is different. The rise of some assets is driven by spot buying, with real money entering the market, not leverage games. This kind of rebound tends to be more solid.

**Perpetual contracts are being cleaned up, and leverage bubbles are being squeezed out**

Are derivatives platforms showing weakness? That’s actually a good sign. Over-leveraged positions are being liquidated, and the leverage bubble is bursting. Once the bubble is squeezed out, there’s room for healthy upward movement.

**Who will be the next winner?**

Don’t just focus on the loudest coins. The real opportunities are often hidden—those assets quietly accumulating, with solid fundamentals but limited liquidity. Altcoins, platform tokens, ecosystem leaders, and tokens that have been trading sideways at the bottom for a long time could become the next main players.

**In short:**

BTC funds are starting to spill out, stablecoins are flowing back, and spot buying is taking over the market—these signals together have historically indicated the arrival of the altcoin season. Of course, the market never warns you in advance. But at least now, the signs are on the table.