Indicators of Altseason

Several indicators can signal the onset of an altseason:

Bitcoin Dominance: A decline in Bitcoin's market dominance (the percentage of the total market capitalization that Bitcoin represents) often precedes altseason. A drop below 60% can indicate shifting investor interest.

Volume Trends: Increased trading volume in altcoins compared to Bitcoin typically suggests growing interest and investment in alternative cryptocurrencies.

Market Sentiment: Positive news, development updates, and partnerships related to specific altcoins can often trigger rallies. Additionally, social media trends and community engagement play significant roles in shaping market sentiment.

Technical Analysis: Chart patterns and indicators specific to altcoins can provide insights and signals for potential altseason entry point