LET THE ALTCOIN SEASON COME 🔥🔥🔥🔥⚡⚡⚡
Bitcoin Dominance Rate: This ratio, which shows Bitcoin's dominance in the total cryptocurrency market, plays a critical role in determining the altcoin season. Bitcoin Dominance rate, which was 60.55% in November 2024, decreased to 56.90% in December 2024. This decline may indicate that altcoins are outperforming Bitcoin and that the altcoin season has begun.
Altcoin Season Index: The Altcoin Season Index measures the performance of the top 50 altcoins compared to Bitcoin over the last 90 days. If 75% of these altcoins outperform Bitcoin, the index signals an "altcoin season". This index helps investors understand market trends.
Technical Analysis and Charts: Technical analysis tools are used to analyze the price movements of altcoins. For example, the price of Ethereum (ETH) is 3,337.81 USD and has decreased by 0.52% in the last 24 hours. Similarly, the Cardano (ADA) price is at USD 0.920738 and has increased by 8.49%. Such price movements may indicate that altcoins are outperforming Bitcoin and that the altcoin season has begun.
Market Volume and Investor Behaviors: Recently, it has been observed that whales (large investors) are accumulating Bitcoin, but individual investors remain in stable coins such as Tether. This may cause individual investors to miss the growing momentum of the market. Additionally, the increase in institutional interest in Ethereum can be considered another sign that the altcoin season has begun.
These indicators signal the beginning of the altcoin season. However, it is important to remember that cryptocurrency markets have high volatility and caution should be exercised when investing. is not investment advice. #altsesaon #BTC94KShowdownbtc $LUMIA