📖 CRYPTO GLOSSARY: What is an "Altcoin Season"?
The term "Altcoin Season" is often mentioned when the market is euphoric, describing a specific period of high performance for altcoins.
What is it?
An "Altcoin Season" is a phase of the market cycle in which altcoins (all cryptocurrencies that are not Bitcoin) experience a significantly higher appreciation than $BTC . It is when capital flows from Bitcoin to altcoins in search of higher and faster returns.
How to Identify (Main Signs):
Bitcoin Dominance Decreasing: The most classic signal. When the percentage of the total crypto market value that belongs to Bitcoin (BTC.D index) starts to fall, it means that altcoins are growing faster.
Explosion of Multiple Assets: Not just one or two, but dozens of altcoins from different sectors, such as $ETH and $SOL , begin to show significant rises.
Increased Risk Appetite: Investors feel more confident to step out of the relative safety of Bitcoin and bet on smaller and more volatile projects.
What we see today, with isolated and strong rises, may be the precursor to a "mini altcoin season," where capital is still selective.