What is "Altcoin Season"?
It is the period when alternative currencies (like XRP, ETH, SOL...) outperform Bitcoin in terms of price performance. This means that instead of capital being concentrated only in Bitcoin, it begins to be distributed strongly across the rest of the market, and we often see price explosions in small and medium coins.
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Indicators that the season might actually be "Loading":
High RSI in many alternative currencies (as we saw in your chart for XRP).
Bitcoin Dominance starts to decline, which means people are selling some BTC and entering the rest of the market strongly.
Strong and consecutive rises in coins like XRP, SOL, ADA, AVAX, which are usually among the first indicators of the season's start.
Increased trading volumes on alternative pairs against USDT, not just BTC.
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Notes for investors and traders during these periods:
These seasons are fast and dangerous; they present high opportunities but also corrections can be severe.
It's best to use clear strategies:
Like splitting targets and gradually taking profits.
And monitoring the Bitcoin Dominance indicator.
Most importantly: do not enter late when the coins have already reached the peaks of the season, as many people get stuck there.