#MarketGreedRising

"Altcoin Season" is a common term in the cryptocurrency market that refers to periods when altcoins (i.e., cryptocurrencies other than Bitcoin like Ethereum, Solana, Cardano, etc.) experience significant and superior performance compared to Bitcoin itself. During these weeks, clear indicators emerge such as:

📈 Altcoin Week Indicators:

1. Bitcoin Dominance Index:

- When this index decreases (usually below 45%), money shifts from Bitcoin to smaller coins.

2. Altcoin/BTC Performance:

- Noticeable increases in trading pairs like `ETH/BTC` or `SOL/BTC`.

3. Trading Volume:

- A sudden increase in trading volume of altcoins compared to Bitcoin.

🚀 Historical Examples:

- Early 2018: Some coins rose by >1000% in weeks.

- Summer 2021: Coins like DOGE (+800%), ADA (+150%) surged over months.

⚠️ Risks of this period:

- Huge Volatility: Some coins may lose 50% of their value in a day.

- Reckless Speculation: Spread of "pump and dump" schemes and fraudulent projects.

- Performance Inconsistency: Altcoin peaks are often short-lived.

🔍 How to prepare?

- Diversification: Don't put all your money into small coins.

- Good Research: Check the project team, technology, and market status.

- Stop Loss**: Use Stop-Loss orders to protect your capital.

💡 Are we in an Altcoin Week now?