Tom Lee: "Altcoin season" may be going on

On April 20th, Fundstrat co-founder Tom Lee said that the "Altcoin Season" may be going on. He explained that since 2015, one of the prerequisites for the start of the altcoin season is the decline in the correlation between the price of the altcoin and the bitcoin. Recently, the correlation between the two has begun to decline. In addition, the average yield during the previous four altcoin seasons was 1,103%, and the performance of the next altcoin season will likely be similar to the performance of the 2017 or 2018 altcoin season.