#AltcoinSeasonComing Altcoin season might be on the horizon, but it's not here yet. Currently, the market is in Bitcoin season, according to the Altcoin Season Index. To confirm an altcoin season, 75% of the top 50 coins (excluding stablecoins and asset-backed tokens) would need to outperform Bitcoin over the last 90 days ¹.
*Key Indicators to Watch:*
- *Bitcoin Dominance*: A decline in Bitcoin's dominance could signal the start of altcoin season. Recently, Bitcoin's dominance rate fell by over 2%, which might indicate a shift towards altcoins.
- *Ethereum's Performance*: Ethereum has historically led altcoin rallies. A breakout in ETH/BTC could signal the start of altcoin season.
- *Liquidity Conditions*: Central banks' monetary policies, such as interest rates and quantitative tightening, impact liquidity conditions. Improved liquidity could trigger an altcoin surge ² ³.
*Market Trends:*
- *Altcoin Market Cap*: The altcoin market cap chart shows a potential breakout, with predictions of reaching $1.25 trillion.
- *Relative Strength*: Altcoins are showing relative strength against Bitcoin, which could lead to a trend reversal ².
*Expert Insights:*
Some experts believe that altcoin seasons might not be as explosive as before due to the market's maturity and increased selectivity. Others think that sector-specific trends, such as AI, DeFi, and Layer-2 solutions, could offer opportunities as capital rotation begins ⁴ ³.