The world of digital currencies is characterized by insane gains and terrible increases. Sometimes it came to a return of 140 thousand dollars on every dollar invested. This is because the market capitalization of digital currencies has multiplied tens of times as a result of high buying pressure. And this is #altcoin altcoin season altcoin season in the digital currency market. This season usually follows strong bitcoin price increases and lasts for several weeks. So what is this season How can it be identified and used Let's get to know more about altcoin altcoin season in digital currencies! In this articleWhat is the altcoin altcoin season The cycle of money in the digital currency market How to determine the beginning of the altcoin altcoin Season altcoin season Check out bitcoin's market dominance Determining the altcoin season through trading view How to take advantage of altcoin altcoin season altcoin season Choosing the right Alternative Currencies When do you make profits during altcoin altcoin Season What is the altcoin altcoin season? Altcoin altcoin season is a phenomenon characterized by the digital currency market. It is known that altcoins are currencies other than bitcoin. Sometimes Ethereum is considered a part of these currencies and other times Ethereum is not considered a part of them. This phenomenon is characterized by insane increases in the digital currency market. So much so that some coins multiply in price thousands of times in a few weeks. This phenomenon is usually followed by a severe market downturn as a result of severe selling pressure. It is also the bull market in which this phenomenon occurs. If this phenomenon occurs during a bear market, it is known as a bull trap or a relief rally. This means that they are temporary and the increases in them are very limited. This phenomenon is awaited by both investors and traders on the cryptocurrency exchange. This is because they give them a great opportunity in order to maximize the gains in a very little period of time. Usually this phenomenon occurs more than once, but in different ways. But it happens once in a very violent way in which prices may multiply hundreds and even thousands of times. Other times the increases are less than this and the prices may multiply several times to tens of times. And every time the market is about to expect the altcoin altcoin season to happen, there is a state of readiness. Even if the economic climate does not encourage many strong increases. The cycle of money in the digital currency market In order to understand what altcoin altcoin season is in digital currencies, we need to understand market cycles well. And cryptocurrency market cycles usually start with an increase in the price of bitcoin.Simply put, money in the form of coins enters the market through bitcoin first. The Bitcoin price is usually the strongest and main indicator in the cryptocurrency market. Any bull market starts when bitcoin's dominance over the market increases. The opposite is also true. Bitcoin is considered a safe haven for investors in the digital currency market. Everyone resorts to it in cases of anxiety and anticipation. This means that they are always the first to increase in the market. After this, Ethereum usually increases, since it is the second largest currency on the market and the largest ecosystem. Some alternative currencies with a huge market capitalization may increase with Ethereum, such as BNB, SOL and ADA currencies. After this, the capital is transferred to medium-sized projects, these are projects with a market capitalization of less than 1 billion. Examples of such projects are the FET currency, the OCEAN currency and the LQTY currency. Finally the capital moves to projects with a small market value. And these are projects whose market capitalization is almost less than 50 million dollars. Examples of such projects are the AIRI coin project, the BNC coin, or the Hera coin. Many people consider the beginning of the altcoin season altcoin season with the increase of Ethereum to be the beginning of the altcoin season. While others consider the beginning of the season with the increase of other currencies. How to determine the beginning of the altcoin altcoin Season altcoin season?There are several indicators that can be viewed in order to accurately identify the beginning of the altcoin altcoin Season altcoin season. The first and simplest indicator is price increases. If more than 75% of the top 50 currencies after bitcoin in terms of market capitalization perform stronger than them, this may be a sign of the beginning of a new season. This means that on coinjeco, if you look at the top 50 projects on the market and find that their price increases are greater than bitcoin, then the altcoin season altcoin season has begun. Of course, stablecoins such as USDT and USDC will be exempted from this. And this is due to the fact that their price does not increase and does not decrease. There is an indicator specialized in determining this known as the Altcoin season index, it is important to always look at it. #AltcoinSeason #BRC20 #JTO #Binancefeed