If #Bitcoin experiences a significant increase ( #bullrun ), this is often followed by an increase in altcoin prices
(effect " #altcoin #season ").
Altcoin season usually occurs when investors start rotating profits from Bitcoin to smaller-cap crypto assets, which potentially offer higher returns (and are more risky).
Some indicators of altcoin season:
- Bitcoin dominance ( #BTC.D ) decreases
- Altcoin trading volume increases rapidly.
- DeFi projects, AI, or other trending sectors begin to attract market interest.