#AltcoinSeasonLoading It is defined as altcoin season, or alt-season, a period in which altcoins outperform Bitcoin as a whole.
So if the period is very short (one or two days), or if only some altcoins outperform BTC, it cannot be defined as a true alt-season.
The indicators worth monitoring to try to understand if an alt-season is starting are particularly two.
The first is the trend over time of the price of Ethereum expressed in Bitcoin (i.e., the trading pair ETH/BTC).
For example, during the alt-season of the first half of 2021, the price of ETH in Bitcoin at one point skyrocketed from 0.030 BTC to 0.077 BTC within a month and a half.
Then, after rising to 0.085 BTC at the peak of 2021, a long descent began that might not be over yet.