What is #Altseason & Are We Close to One?
If you've been in crypto long enough, you've heard the term "Altseason" but what exactly does it mean?
🔍 Altseason (Altcoin Season) refers to a period when altcoins significantly outperform Bitcoin in terms of price gains. During this time, many low-to-mid cap coins can see explosive growth as traders rotate profits from Bitcoin into alternative assets.
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🔑 Key Indicators of Altseason:
1. Bitcoin Dominance Drops below 55–60%
2. Altcoin Season Index goes above 75 (check: BlockchainCenter.net)
3. ETH/BTC Ratio Breakout Ethereum leading the charge
4. Retail Interest Returns new traders flocking to smaller coins
5. Massive Trading Volume in Alts especially Layer 1s, meme coins, DeFi tokens