* What is Altcoin Season?
It is a period where most altcoins show a notable increase in their value, often driven by a flow of capital from Bitcoin to these alternatives. While there is no official date, some signals suggesting that an "altcoin season" may be near include:
* Starting with a decrease in the overall value of Bitcoin in the cryptocurrency market, indicating that interest and capital are moving towards other cryptocurrencies.
* Increase in trading volume of altcoins being bought and sold indicating greater interest in these assets generating higher returns in altcoins. When a significant percentage of altcoins outperforms Bitcoin over a given period, it is considered a strong indicator. Some indexes use the threshold of 75% of the top altcoins outperforming Bitcoin.
* Enthusiasm on social media, the launch of new DeFi projects, NFTs, or related to Web3 can also generate interest in altcoins.
* Altcoin seasons can vary considerably, whether they are weeks or months as there is no fixed schedule.
* The "altcoin season" follows a period of stability or sideways movement in the price of Bitcoin after a significant rise. Investors then seek higher returns in assets with lower market capitalization.
* Altcoins tend to be more volatile than Bitcoin, with a higher risk of losses not counting scams and fraudulent projects during periods of enthusiasm.
* "loading" are the observations of prior conditions and historical indicators leading up to the altcoin season, generating expectations of a possible bullish period.
Thus, "Altcoin Season Loading" describes the anticipation of participants regarding the rise of altcoins over Bitcoin in performance, the signals, and market trends. It is a very volatile period with opportunities and significant risks.