And I am not referring to a simple one; it seems we are already in Altseason. I mean to say it without hesitation and to reaffirm it clearly: IT IS ALTSEASON. For this to happen, three key signals must occur, all three must be met without exception:
Signal 1 is that Bitcoin's dominance falls below its previous low; this is because capital flow starts to run toward Altcoins.
Signal 2 is that Ethereum surpasses its previous peak since Ethereum is the most reliable Altcoin. Therefore, it is the first to show and lead the upward trend; it acts as an intermediary between Bitcoin and the rest of the Altcoins.
Signal 3 is to see the accumulation of capital in Total 2; this index shows the accumulated capitalization in Altcoins. If it surpasses its previous peak, it is a clear reaffirmation of FOMO toward Altcoins.
I share screenshots of the 3 signals that need to be surpassed. I will also be following up when the objectives of each signal are achieved to know if it is truly Altseason.
