Alternative Currency Season (Altcoin Season) is a period during which alternative cryptocurrencies (Altcoins) outperform Bitcoin, often due to increased market sentiment, rapid price rises, and increased dominance in the cryptocurrency market.

*To determine if the altcoin season has started:*

- We can look at the performance of the top altcoins compared to Bitcoin over the past 90 days.

- According to the Altcoin Season Index (CMC Altcoin Season Index), an altcoin season is defined as when 75% of the top 100 coins outperform Bitcoin.

*Current market sentiment:*

- The Altcoin Season Index (CMC Altcoin Season Index) provides real-time insights on whether the market is in an altcoin season.

- Another indicator suggests that we are currently in "Bitcoin Season" with a score of 24, indicating that Bitcoin dominates the market.

*Key characteristics of the altcoin season:*

- *Increased dominance of altcoins*: Altcoins are gaining significance in the cryptocurrency market.

- *Rapid price increases*: Altcoins experience significant price surges, often exceeding Bitcoin's growth.

- *Fear of Missing Out (FOMO)*: Market sentiment is typically bullish, driven by optimism about potential returns.

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