"Altseason" is a term in the cryptocurrency world that refers to a period when altcoins (any cryptocurrency that is not Bitcoin) experience a significant price increase compared to Bitcoin.

Indicators of an Altseason

1. Declining Bitcoin dominance: If the percentage of the total cryptocurrency market capitalization that belongs to Bitcoin decreases, it means that money is flowing into altcoins.

2. Altcoins outperforming Bitcoin: If many altcoins are recording greater gains than Bitcoin, it is a clear signal.

3. Increase in trading volume in altcoins: More investors are becoming interested in them.

4. Strong market narratives: Such as DeFi cycles, NFTs, memecoins, or emerging projects in blockchain.

When does it occur?

The altseason usually occurs after a major Bitcoin rally, when investors seek higher gains in smaller cryptocurrencies. It can also happen when there is innovation or hype in certain categories of altcoins.

Are you seeing signs of a possible altseason now?

No, because Bitcoin is just correcting and that will take a few months, while altcoins will continue to fall. $BTC $ETH