I think we need to see $140k - $150k $BTC before we see any real alt season.
Currently alts are overbought on most time frames. Euphoria hit last week with the rise of $ETH.
There is a falling wedge on BTC dominance on the 4hr, 8hr, 12hr and daily. Potentially indicating a breakout to the upside and money rotation back into Bitcoin.
$ETH is over bought on the RSI on all high time frames.
My target for ETH is $3700 - $3900. Short time frame.
I think $BTC lags here for a few days, possibly weeks and then will ascend to my price target of $140k - $150k. As always, it will happen fast.
That to me is ultimate confirmation to go heavy into altcoins.
but hey ho wtf do i know i lost $100m on perps :)