#AltcoinMomentum "AltcoinMomentum" refers to the potential onset of the so-called "altcoin season", where cryptocurrencies other than Bitcoin begin to rise significantly in price. This phenomenon is due to the fact that altcoins often begin to grow faster than Bitcoin, especially when the latter reaches new all-time highs.
Recently, analysts have been observing an increase in the capitalization of altcoins, which may indicate the beginning of the altcoin season. Some indicators, such as TOTAL.3 and OTHERS, show that altcoins are starting to break out of long-term downtrends, breaking through important moving averages. If this trend continues, altcoins are predicted to rise in tandem with Bitcoin, which may lead to a phase where they begin to show better results.
Although some signs point to the beginning of the altcoin season, it is unclear how full-fledged it will be, and further market movements need to be monitored.