Altseason Phases and Time Forecast
Based on the current Altcoin index (70/100) and the 90-day trend from CoinMarketCap, we can make some specific time forecasts for Altseason:
1. Current phase:
• Start time: Late November 2024.
• Current: Early December 2024, the market is in the early to mid-phase of Altseason, with strong capital flowing into large altcoins (Large Caps) like Ethereum, Solana.
2. Time forecast for Altseason:
• Expected duration: Approximately 2-3 months, from late November 2024 to early February 2025.
• Specific phases:
• Start of Altseason (December 2024):
• Capital is focusing on large altcoins like Ethereum (ETH), Solana (SOL), and Polygon (MATIC).
• These large altcoins will begin to grow stronger compared to Bitcoin.
• Mid-Altseason (Mid December 2024 - Early January 2025):
• Liquidity is gradually shifting towards small-cap altcoins, especially projects related to AI, DeFi, and NFT.
• This is the most explosive growth phase, with the possibility of achieving price increases of 10x-50x in some small altcoins.
• End of Altseason (January - Early February 2025):
• Investors begin to take profits. Liquidity gradually shifts from altcoins to stablecoins like USDT, signaling a correction or downturn phase.
3. Factors influencing the timing of Altseason:
1. Bitcoin Dominance:
• If Bitcoin Dominance drops sharply below 40%, Altseason will last longer and be stronger.
• If Bitcoin's dominance increases again, Altseason may be shorter.
2. Market sentiment:
• The “FOMO” (Fear of Missing Out) psychology can drive significant capital flow into altcoins and prolong Altseason.
3. Global economic data:
• Changes in monetary policy (such as interest rates) can affect capital flow in the cryptocurrency market.
Optimal strategy over time:
• December 2024:
• Invest in large-cap altcoins like Ethereum, Solana.
• January 2025:
• Expand the portfolio into small-cap altcoins with high potential in the fields of AI, DeFi.
• February 2025:
• Gradually take profits and shift capital into stablecoins to preserve gains.
Conclusion:
Based on current trends, Altseason is expected to last from late November 2024 to February 2025. This is a great opportunity for investors to capitalize on altcoins, but careful risk management is also needed to avoid being affected during the post-Altseason correction phase.