#AltcoinSeasonLoading * Several sources indicate that an "altcoin season" might be approaching or is potentially underway.

* Some altcoins have shown significant gains in the past week. For example, WIF, ONDO, and PEPE have seen substantial percentage increases.

* Overall cryptocurrency market capitalization is up in the last 24 hours.

* Bitcoin's dominance, a key indicator, is being closely watched. A decline in Bitcoin's dominance often signals the start of an altcoin season as capital flows into alternative assets.

* The Altcoin Season Index is a tool used to gauge whether altcoins are outperforming Bitcoin over a specific period. A reading of 75 or above typically indicates an altcoin season.

Historical Context of Altcoin Seasons:

* Altcoin seasons have historically followed periods of Bitcoin price stability or after a significant Bitcoin rally.

* Past notable altcoin seasons include late 2017/early 2018 and early 2021, where many altcoins saw exponential gains. These periods often coincided with a decrease in Bitcoin's market dominance.

* The duration of an altcoin season can vary from a few weeks to several months.

Indicators of a Potential Altcoin Season:

* Declining Bitcoin Dominance: When Bitcoin's market share decreases as investors move capital to altcoins.