Here's a detailed look at the signs that might herald an Altseason for 2024-2025:
✅ 1. Decrease in Bitcoin's Market Dominance 📉
➡️ Key Indicator: A significant reduction in Bitcoin's dominance in the total market capitalization of cryptocurrencies is often the first sign of an Altseason. If Bitcoin's dominance drops below a certain threshold (e.g., 50%), it suggests capital is moving towards altcoins.
✅ 2. Growth in Altcoin Market Cap 🌱
➡️ Market Analysis: An increase in the overall market cap of altcoins without a proportional rise in Bitcoin could signal the beginning of an Altseason.
This trend indicates investors are diversifying their portfolios into other assets.
✅ 3. Technical Signals 📊
➡️ MACD Divergence: Posts on X, among other places, have highlighted strong bullish MACD divergences in pairs like ETH/BTC, indicating potential trend reversals in favor of altcoins.
➡️ Stochastic RSI Cross: A bullish cross of the Stochastic RSI over a three-week period is also seen as an indicator of an upcoming altcoin rally by some analysts.
➡️ Technical Patterns: Formations like the "inverse head and shoulders" on the Altcoin Season Index can be interpreted as signs of an ending bearish trend and the start of a rally for altcoins.
➡️ Tether’s incoming deposit has reached billions the last 2 weeks.
It will affects the market 🔥
✅ 4. Macroeconomic and Regulatory Events 🌐
➡️ Bitcoin Halving: Although this event directly concerns Bitcoin, its market impact can influence altcoins, especially if post-halving attention shifts towards other opportunities.
➡️ Favorable Regulations: Positive regulatory changes, like a more crypto-friendly administration in the U.S., could catalyze an Altseason by restoring investor confidence.
TRUMP is pro crypto and it will inevitably affect cryptocurrencies 🚀
Conclusion
As soon as $BTC dominance decrease, we should expect Ethereum performing more than $BTC and then ALTCOINS.
I hope your altcoin bags are ready because what’s coming is HUGE 🔥
