Many participants in the crypto community assess the current stage of the altseason using special indices. At the time of writing this review, they are not in a state of overheating. The metric has stopped at 57 points. This position confirms the beginning of the altseason. Overheating is considered to be indicators above 75 points. During such periods, many investors start to lock in profits. Sell-offs put pressure on the cryptocurrency rate, signifying the end of the altseason.
According to several representatives of the crypto industry, the altseason may last until the end of August. Investors' confidence in the continuation of alt rallies is supported by expectations of the Fed's imminent shift to lowering the key interest rate. Over 56% of market participants expect the first decrease in September. Previously, the regulator signaled that there could be two rate cuts by the end of the year. Changes may support the growth of the digital asset market, as they make high-risk coins attractive to investors.
