The duration of an altseason depends on several factors:
1. Market Cycles: Historically, altseason tends to occur in the later stages of a bull market or after Bitcoin peaks. If Bitcoin enters a bear market, altseason can end abruptly.
2. Bitcoin Price Action: Bitcoin’s stability is crucial for altseason to thrive. A sudden crash or a strong upward rally in Bitcoin’s price can divert attention away from altcoins.
3. Investor Sentiment: Altseason thrives on optimism. If fear or uncertainty creeps into the market, investors may shift back to Bitcoin or stablecoins.
4. Regulatory Developments: Positive news can extend altseason, while negative news, like bans or stricter regulations, can shorten it.
5. Market Liquidity: Altcoins rely on sufficient market liquidity to sustain their growth. A liquidity crunch or reduced trading activity could signal the end of altseason.