The altseason roadmap typically follows this sequence:
1. Bitcoin surges: Bitcoin experiences a significant price increase, attracting widespread attention.
2. Capital shifts to Ethereum: Investors begin reallocating profits from Bitcoin into Ethereum.
3. Rotation into large-cap altcoins: Funds move into other major cryptocurrencies beyond Ethereum.
4. Flow into mid and small-cap altcoins: Capital trickles down to lesser-known altcoins, often leading to rapid price increases.
Currently, Bitcoin has reached new all-time highs, and Ethereum is trading above $3,000, indicating that we are in the midst of the second phase, where capital is rotating into Ethereum and other large-cap altcoins. Analysts suggest that this phase is setting the stage for the next steps in the altseason progression.
Monitoring Bitcoin dominance is crucial, as a significant decline often signals the transition into the latter stages of altseason, where mid and small-cap altcoins experience substantial growth. Keeping an eye on market indicators and capital flows can provide insights into the current phase of the altseason cycle.