Altseason (Altcoin Season) refers to a period in the cryptocurrency market where altcoins (any cryptocurrency other than Bitcoin) tend to outperform Bitcoin in terms of percentage growth. Determining when it starts is difficult, but there are key signals and cycles that analysts often observe:

Common indicators of the start of Altseason:

1. Decreasing Bitcoin dominance:

If the percentage of the total market represented by Bitcoin begins to decrease significantly (below 50%-40%), it may be a signal that altcoins are gaining traction.

2. Strong previous Bitcoin rally:

Altseason usually occurs after Bitcoin has had a significant upward movement and stabilizes, allowing money to flow into altcoins.

3. Rapid growth in altcoin market capitalization:

An increase in transaction volume and market capitalization of altcoins is a key indicator.

4. Boom of specific narratives:

Themes such as DeFi, NFT, metaverse, artificial intelligence, etc., tend to drive specific altcoins.

5. Widespread market interest:

Periods of Altseason often coincide with a strong increase in searches and overall interest in alternative cryptocurrencies.

Timing:

Historically, Altseason has followed a pattern related to Bitcoin cycles. For example:

Generally, it occurs several months after Bitcoin's halving.

Sometimes, it occurs during consolidation or correction periods of Bitcoin's price.

If you follow these cycles and patterns, it is possible that the start of the next Altseason may occur in early 2025, depending on market behavior after the halving and how Bitcoin dominance evolves.