When the rise in the price of Bitcoin attracts a large amount of money into the crypto market, ordinary investors tend to seek opportunities for higher returns.
Since altcoins are typically lower priced and more volatile, some of the funds will spill over from Bitcoin to the altcoin, driving its price up. This flow of money is considered to be one of the core drivers of the copycat season (and a principle of meme)
The altcoin season is often accompanied by market optimism and high speculative demand, with investors seeking high returns in a bull market, and altcoins are easy targets for speculation due to their low market capitalization and high-risk characteristics. This psychology has fueled a short-term surge in altcoins, forming the so-called "copycat season".
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