According to Miles Deutscher, the cryptocurrency market is not yet ready for an 'alt season,' as evidenced by the lack of relative strength in altcoins whenever Bitcoin ($BTC) retraces. Deutscher highlights that this trend is typical during Bitcoin's expansionary phase, suggesting that traders should remain cautious when allocating to altcoins until stronger relative performance is observed. This analysis indicates that Bitcoin dominance remains a central trading focus and that altcoin rallies may be delayed, impacting portfolio strategy and risk management for crypto traders (source: @milesdeutscher, Twitter, May 24, 2025).