BTC and ETH Rally Together: Both BTC and ETH moved upward simultaneously, signaling bullish market sentiment. Meanwhile, BTC dominance (BTC.D) steadily declined, suggesting growing investor interest in ETH and altcoins.
ETH/BTC Momentum Shift: The ETH/BTC pair started grinding higher, signaling a relative strength shift from BTC to ETH and other altcoins. This shift often serves as an early indicator of alt-season.
Alt-Season Dynamics: The transition of strength to ETH and altcoins typically solidified in January, with the most intense phase of alt-season occurring between February and April.
BTC Price Action as a Trigger: The crazy part of alt-season often coincided with BTC entering a sideways or slower price action phase, usually around mid to late Q1. This environment allowed altcoins to outperform, as investor focus shifted away from BTC.
Key Takeaway: Monitoring BTC dominance, ETH/BTC trends, and BTC’s price behavior can provide valuable signals for anticipating the timing and intensity of alt-season.
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BTC and ETH Rally Together: Both BTC and ETH moved upward simultaneously, signaling bullish market sentiment. Meanwhile, BTC dominance (BTC.D) steadily declined, suggesting growing investor interest in ETH and altcoins.
ETH/BTC Momentum Shift: The ETH/BTC pair started grinding higher, signaling a relative strength shift from BTC to ETH and other altcoins. This shift often serves as an early indicator of alt-season.
Alt-Season Dynamics: The transition of strength to ETH and altcoins typically solidified in January, with the most intense phase of alt-season occurring between February and April.
BTC Price Action as a Trigger: The crazy part of alt-season often coincided with BTC entering a sideways or slower price action phase, usually around mid to late Q1. This environment allowed altcoins to outperform, as investor focus shifted away from BTC.
Key Takeaway: Monitoring BTC dominance, ETH/BTC trends, and BTC’s price behavior can provide valuable signals for anticipating the timing and intensity of alt-season.