Difference Between Altseason and Altrally
In the crypto market, two terms often used are "Altseason" and "Altrally," but they have distinct meanings.
Altseason refers to a period when a wide range of altcoins (any cryptocurrency other than Bitcoin) experience significant and sustained price increases. During an altseason, Bitcoin's dominance typically falls as investors move their profits into altcoins, causing many of them to outperform Bitcoin. This phase can last weeks or even months, and gains across the altcoin market are usually widespread.
On the other hand, an Altrally is a shorter, more limited event. It usually involves a quick spike in the prices of certain altcoins rather than the entire market. Altrallies can happen due to specific news, trends, or hype surrounding particular sectors like AI tokens, gaming tokens, or DeFi projects. Unlike altseason, Bitcoin may still maintain dominance during an altrally, and the gains are often not as broadly distributed.
In short, altseason is a major, market-wide shift favoring altcoins over time, while altrally is a temporary, selective price surge in certain altcoins. Understanding the difference helps traders better navigate and plan their crypto investment strategies.