📊 Altcoin Season Starting to Show, Bitcoin Dominance Starting to Weaken?

After several months in a phase of Bitcoin dominance, the "Altcoin Season Index" indicator is now showing a rather interesting shift in momentum. With the current score at level 31, the market is slowly moving away from "Bitcoin Season" and starting towards "Altcoin Season"—a phase where the performance of Altcoins collectively outperforms the performance of Bitcoin ($BTC ).

🔍 What is Altcoin Season?

Altcoin Season, according to the definition from BlockchainCenter, occurs when "At least 75 out of the top 100 Altcoins outperform Bitcoin over the last 90 days." This often happens after a major rally period of Bitcoin (BTC), where investors begin to shift some of their profits into smaller market cap crypto assets that are considered to have greater potential returns.

🚀 Potential of Altcoin Season

Historically, Altcoin Season can trigger massive rallies in several tokens—both Layer-1 such as $ETH , SOL, AVAX, and sectors like DeFi ($AAVE , UNI), L2 scaling (ARB, $OP), as well as AI, Gaming, and Narrative Coins. However, it is important to note that Altseason often comes with high volatility and not insignificant risks.

From a market cycle perspective, this phase could be a healthy rotation after a long period of Bitcoin dominance. Additionally, developments such as the Ethereum Pectra Upgrade, L2 ecosystem expansion, and the emergence of new narratives in crypto could accelerate the transition to a stronger Altseason.

📣 In your opinion, are we going to enter Altcoin Season soon? And if so, which Coin do you think will become the top gainer and perform significantly during the upcoming Altseason? 🤔

Drop your opinions in the comments section! ⬇️⬇️⬇️

📌 Disclaimer: Not Promotion & Not Financial Advice

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