🔥🔥🔥Possible start of altseason ✅✅
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Altseason is a period where the majority of altcoins (cryptos other than Bitcoin) outperform Bitcoin in terms of performance, over a significant duration (often several weeks).
1. Current signals in favor of altseason
Several indicators show that we are in a phase favorable to altcoins:
* Bitcoin dominance is decreasing, currently around 63.8%. This means that capital is starting to move towards other cryptocurrencies, which is a classic signal of the beginning of altseason.
* The performance of altcoins is significantly higher than that of Bitcoin. For example, Ethereum (ETH) has increased by 13%, Solana (SOL) by 6%, Dogecoin (DOGE) by nearly 12%, and XRP by 1.3%. This indicates that investors are seeking greater returns in altcoins.
* Market sentiment is very positive, with a fear and greed index at 73, showing a strong desire to take risks. This type of climate is conducive to speculative surges in altcoins.
* Finally, the trading volume of altcoins is rising sharply, reflecting a renewed interest in these assets.
2. But beware: mixed signals
* Bitcoin remains very strong above 100,000$ — if it stabilizes or corrects, altcoins may explode further.
* Small altcoins (low caps) have not yet massively exploded — which is typical of a middle or peak of altseason.
Yes, we are in an initial phase of altseason.
> The solid performances of ETH, XRP, SOL, DOGE, and others indicate a rotation of capital away from BTC.
> But the true peak of altseason is likely to occur if Bitcoin dominance falls below 60%, and low-cap altcoins start to double/triple in a short time.