Altcoin Season? Not YetâBut Hereâs What the Data Says đ
I've seen many posts about a looming altseason that did not provide evidence or data-backed insights. Not helpful at all.
On the other side, Iâve been sharing content hinting that altseason could be approaching soon too. I looked at BTC dominance and overall market cycles. And yes, the probabilities have supported (and partially still do) that view.
But fresh data is always keyâand we need to stay flexible.
Letâs dig into where we stand now and what could come next.
Last Cycle: The Setup for Altseason đ
â Nov 2020 â ETH/BTC hit 0.027, with BTC dominance at 65%.
â 6 months later â ETH/BTC climbed 196% to 0.08 as BTC dominance fell to 41%.
â ETH soared 629% vs. BTCâs 167%, kicking off altcoin mania.
đ Takeaway: BTC started the move, but altcoins dominated when new money flooded in.
Fast Forward to Today đ
â Nov 2024 â ETH/BTC hit 0.032 and is up 10% since then.
â BTC dominance today? 56.5%.
â $1.08 trillion was added to the crypto market cap in the last 2 months, and 60% went into BTC.
What Does This Mean? đ€
No altseason yet.
BTC is still dominating inflowsâjust like the early last cycle.
But cycles donât have to repeat perfectly.
Key Questions Going Forward đź
1ïžâŁ Is this time different? Are we seeing a structural shift, or is it just delayed?
2ïžâŁ What triggers the altseason? A major ETH breakout? AI or DePIN hype?
3ïžâŁ What role does macro play? With rising debt and liquidity concerns, could BTC remain the safer bet?
4ïžâŁ What about 2025? Does historical data still point to altcoins outperforming after BTC peaks?
Final Thoughts đ
We canât predict altseasonâwe can only assess probabilities.
Currently, BTC dominance remains high, but history tells us it doesnât last forever.
Whatâs your viewâare altcoins about to break out, or will BTC keep leading? đ