This is a kind of bull phase where mostly people become rich. It is a very easy job just invest in a few coins and wait for the altseason to end. In every cycle, altseason comes, where investors wait for it very eagerly.
In altseason, cash flow moves towards altcoins, and investors take out their money from large-cap coins and put it into alts and this is the reason why altcoins pump. This is also called the altcoin season.
This is a phase after which the bear market starts immediately, and this cycle keeps repeating in the same way. But for altseason, there are some signs that every investor must know.
If you want to buy coins at the right time, then understand the signs of altseason and buy accordingly. The benefit will be that you will get a buying chance at the lowest possible price.
First of all, check that dominance comes down to 50% and keeps falling continuously if this happens, then the altseason has started, and this dominance will go down to 35%. By that time, altcoins will be at their all-time highs.
The second sign is that Ethereum will pump more than Bitcoin, and on the ETH/BTC chart, ETH’s performance will be better. Along with this, large-cap coins will start pumping.
The third sign is that BTC will become stable or start falling very slowly. If you see these 3 signs, then understand that the altseason has started and start buying in good coins.
Keeping these 3 signs in mind has the altseason started? Do you think altseason is going to start very soon? Will be glad to see your answers in the comment section.
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IMAGE TAKEN FROM CHATGPT
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