How close is Alt coins season?

[Henrywrites]

We have seen Bitcoin dominance reduced in the last few weeks, and it makes me wonder if we are now heading close to the altcoin season. Have you started buying any coin in preparation?

 

[Nomad]

Even when Bitcoin hit record price of $73K, majority of altcoins did not gain vale and with the recent crash, I think altcoin bull market is still a far cry

 

[Riberet19]

The alt season may be near, or it may not come soon, the dominance of Bitcoin may be reduced for different reasons, one of them may be that there are more and more cryptocurrencies and money simply migrates, but that does not mean that more money is entering altcoins, it may be that it is simply moving.

 

[deucher]

In my opinion, the high season will no longer take place as before. As you can see some altcoins don't even respond to the growth of bitcoin and may fall because to me altcoins have become less valuable and most people prefer bitcoin and ethereum

 

[EMMANUEL]

Altcoin season (when altcoins outperform Bitcoin) is difficult and speculative. Traders use indicators like Bitcoin dominance, market sentiment, technical analysis, news, past cycles, and Ethereum's performance, but none are foolproof. Market volatility, external factors, and the subjective definition of "altcoin season" make accurate predictions challenging.