Is the altcoin season coming? Key indicators can help you judge the clues

Everyone knows that the altcoin season is coming, but how can we be sure of its arrival?

"Bitcoin market share" is the key indicator for judging the altcoin bull market.

When the share rises, funds flow into BTC, and the big cake attracts money, while the altcoin is still in a bear market.

When the share falls, funds leave BTC and enter the altcoin, which often indicates that the altcoin bull market will rise.

There are historical examples: in March 2017, the share fell from 80% to 30%, and the altcoin bull market started; in January 2021, it fell from 70% to 40%, and the altcoin bull market rose again.

Now in December 2024, the share has reached 56% and broke the rising channel, which may indicate that the altcoin season is coming. After breaking through in June 2023, the share rose to November 2024, but the altcoins repeatedly hit new lows, and retail investors suffered. The current share has broken the channel, and the market may usher in a new version of the copycat season.