Here's a detailed look at the signs that might herald an Altseason for 2024-2025:
โ 1. Decrease in Bitcoin's Market Dominance ๐
โก๏ธ Key Indicator: A significant reduction in Bitcoin's dominance in the total market capitalization of cryptocurrencies is often the first sign of an Altseason. If Bitcoin's dominance drops below a certain threshold (e.g., 50%), it suggests capital is moving towards altcoins.
โ 2. Growth in Altcoin Market Cap ๐ฑ
โก๏ธ Market Analysis: An increase in the overall market cap of altcoins without a proportional rise in Bitcoin could signal the beginning of an Altseason.
This trend indicates investors are diversifying their portfolios into other assets.
โ 3. Technical Signals ๐
โก๏ธ MACD Divergence: Posts on X, among other places, have highlighted strong bullish MACD divergences in pairs like ETH/BTC, indicating potential trend reversals in favor of altcoins.
โก๏ธ Stochastic RSI Cross: A bullish cross of the Stochastic RSI over a three-week period is also seen as an indicator of an upcoming altcoin rally by some analysts.
โก๏ธ Technical Patterns: Formations like the "inverse head and shoulders" on the Altcoin Season Index can be interpreted as signs of an ending bearish trend and the start of a rally for altcoins.
โก๏ธ Tetherโs incoming deposit has reached billions the last 2 weeks.
It will affects the market ๐ฅ
โ 4. Macroeconomic and Regulatory Events ๐
โก๏ธ Bitcoin Halving: Although this event directly concerns Bitcoin, its market impact can influence altcoins, especially if post-halving attention shifts towards other opportunities.
โก๏ธ Favorable Regulations: Positive regulatory changes, like a more crypto-friendly administration in the U.S., could catalyze an Altseason by restoring investor confidence.
TRUMP is pro crypto and it will inevitably affect cryptocurrencies ๐
Conclusion
As soon as $BTC dominance decrease, we should expect Ethereum performing more than $BTC and then ALTCOINS.
I hope your altcoin bags are ready because whatโs coming is HUGE ๐ฅ
