#CreatorPad Altseason, or altcoin season, is a period when alternative cryptocurrencies (altcoins) outperform Bitcoin. Historically, altseason has occurred when Bitcoin's dominance in the market decreases, and capital flows into altcoins.
*Key Indicators for Altseason:*
- *Bitcoin Dominance*: A decline in Bitcoin's dominance below 50% can signal the start of altseason. Currently, Bitcoin dominance is around 61.2%, suggesting altseason hasn't begun yet.
- *Altseason Index*: Tools like Blockchain Center's Altseason Index or CoinMarketCap's Altcoin Season Index measure altcoin performance relative to Bitcoin. An index reading above 75 indicates altseason.
- *Market Sentiment*: A shift from fear to greed and increased FOMO (fear of missing out) can contribute to altseason.
- *Stablecoin Liquidity*: Rising stablecoin liquidity and trading volume can drive altcoin market activity.¹ ² ³
*Predicted Timing:*
According to CryptoRank, the next altseason might start around December 10, 2024, lasting for 310 days until October 18, 2025. However, this prediction is based on historical patterns and may not repeat exactly.⁴
*Investment Strategies:*
To capitalize on altseason, consider⁵:
- *Monitoring Market Trends*: Keep an eye on Bitcoin dominance, altcoin performance, and market sentiment.
- *Diversification*: Spread investments across various altcoins to minimize risk.
- *Risk Management*: Set stop-loss orders and maintain a healthy balance between potential rewards and acceptable losses.