We are currently in a BTC season because the BTC Dominance is making higher highs and higher lows, so it is smart to hold most of your portfolio in BTC now.
However, once this changes and BTC Dominance starts to make lower highs and lower lows, we will be in altcoin season.
Alt szn is where you should still hold a lot of BTC, but if you have the majority of your portfolio in altcoins for a short time, you won't be punished as much as you are now.
So, in summary, it all depends on BTC Dominance, and remember that it is on a high time frame only, not a low time frame.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.