đ Is Altseason Around the Corner? Watch These 3 Critical Signals for Cryptoâs Next Big Shift! đ„
By Amina Chattha
With Bitcoin ($BTC) now holding a 60.5% market shareâthe highest since March 2021âcrypto watchers are eager for clues about a potential altseason. Altseason, a period when altcoins outperform Bitcoin, doesnât just happen by chance. Here are three pivotal indicators to keep an eye on if youâre waiting for that next big wave in the crypto market.
1. Bitcoin Dominance Needs to Fall Below 50%
Historically, altcoins tend to surge when Bitcoinâs dominance falls. BTCâs current market share of 60.5% has kept capital concentrated, leaving altcoins struggling to break out. A drop below 50% would signal a shift, allowing capital to spread into altcoins, potentially setting the stage for an altcoin rally. Until then, Bitcoin remains the primary focus, keeping altseason at bay.
2. Crypto Market Cap Consolidation in Favor of Altcoins
This past weekend, the total crypto market cap dipped to $2.4 trillion, with altcoins taking the biggest hit. Ethereum (ETH), Solana (SOL), and Binance Coin (BNB) saw significant declines, while Bitcoin weathered a more moderate 5.8% pullback. Historically, such corrections can pave the way for an altseason as investors seek higher growth opportunities in altcoins. But for that to happen, BTC needs to show signs of sustained consolidation, giving alts room to shine.
3. Capital Rotation from BTC to Altcoins
A hallmark of altseason is the capital flow from Bitcoin into other assets. As BTC approaches key highs, some traders may begin reallocating their profits into altcoins, especially if Bitcoinâs upward momentum pauses. With BTC nearing its recent peak of $73,000, a slight cooling off could prompt capital to rotate into altcoins, sparking an altseason. Watch for a stall in BTCâs rally as a possible trigger.
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