Heare are some tips to help you identify an #altsesaon Indicators 🚥 Bitcoin Dominance 🪙 A decline in #bitcoin 's dominance typically precedes an altcoin season. Recent data shows Bitcoin dominance has decreased to around 59.57%, which might indicate an incoming shift towards altcoins. Altseason Index ℹ️ Currently at 32, this suggests we are still in a Bitcoin-dominated phase, but a rise above 50 could signal stronger altcoin performance. Technical Indicators RSI and Divergences: It is noticeable that specific altcoins like BONK and others with bullish divergences, suggesting potential price rises, while others like MKR show bearish signs. On-chain Data 📊 Projects with increasing on-chain activity, like $ETH with rising ETF inflows, indicate growing user engagement and potential for price appreciation.
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