According to data from CryptoQuant, the trading volume of spot altcoins remains low, averaging $3 billion – $5 billion per day compared to $8 billion – $12 billion per day in Q4 2024, indicating that altcoins are in the early stages of a price increase.

Despite the lower trading volume, market observers view this as a precursor to strong growth, suggesting that altcoins have not yet reached their peak.

The altcoin season index, currently at 24, continues to support this outlook by confirming that the market is in a Bitcoin season. Traditionally, an index below 25 indicates Bitcoin's dominance, but this could be a positive setup for altcoins.

When the index rises above 30-40, altcoins often experience significant price increases, due to capital flowing from Bitcoin into other assets.

With trading volume showing initial signs of recovery and the Altcoin Season Index indicating a shift, investors are quite optimistic about an altcoin price increase. #altcoins