Is An Altcoin Season Around The Corner? Here’s What Historical Data Shows

Source Bitcoinist

The much-anticipated altcoin season, during which huge capital flows from Bitcoin toward alts continue to fail to manifest, as major tokens like Ethereum struggle to initiate a significant rally. With top altcoins facing a pullback, the possibility of an altseason remains low.

Altcoin Season Unfolding Out Of The Blue

Heightened volatility in the general crypto market has triggered uncertainty and disbelief about an altcoin season happening in the ongoing bull cycle.  Technical expert and investor Titan of Crypto has shed light on the much-awaited season, highlighting the possibility that one could unfold in the short term.

His forecast is based on historic cycle trends, particularly after the Bitcoin Halving event. Using past cycle trends, the expert believes that the market is showing early signs of a potential altseason. 

Looking at the chart, an altcoin season tends to begin at least 200 days following the Halving event as seen in the 2017 and 2021 cycles. Meanwhile, after about 273 days since the last Halving event, an altseason in this cycle seems to be on the horizon. “With consensus leaning towards no Altseason this cycle, history suggests this might be the perfect setup for one to unfold,” Titan of Crypto stated.

Altcoin

While Titan of Crypto anticipates an altseason in the short term, Ali Martinez, a technical and on-chain expert thinks otherwise. In fact, the on-chain expert believes that it is unlikely that there will be an altseason this cycle, citing altcoins market cap trends over the years.

According to Ali Martinz, the alt market capitalization has decreased in March for 5 out of the last 7 years. During these periods, there was either no altseason or it performed poorly. 

As a result, the expert expects the alt market cap to witness a decline in March this year, which might result in the absence of an altseason this cycle. “So, if you’re 100% convinced an altseason is coming, don’t be shocked if your dreams get shattered,” he stated.

An Ideal Time To Accumulate Alts?

Presently, the key Altcoin Season Index metric has risen to its most extreme levels, which suggests an ideal time to accumulate some alts. The index in the daily time frame shows that the market has returned to the Bitcoin season zone with a percentage change period of 60. Specifically, this indicates a critical moment for altcoins, which is increasing Bitcoin’s dominance.

Furthermore, the index in the 1-hour time frame reveals a sharp drop in alt prices in the near term, which some may consider as an opportunity to accumulate. Investors are advised to be careful as only 30-40% of altcoins are in oversold territory in their daily Relative Strength Index (RSI). This suggests that many alts, particularly the ones that have increased drastically lately, might decline further.

Although acquiring a few alts might be sensible, caution must be taken because retail traders are highly exposed to leverage. In the meantime, strategies such as intelligent stop losses and Dollar-Cost Averaging (DCA) are valid methods during this period.

Altcoin
Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Swiss exports crash 36% in the first month of Trump tariffsSwiss exports dropped by 36% in the first month after Trump imposed tariffs.
Author  Cryptopolitan
10 hours ago
Swiss exports dropped by 36% in the first month after Trump imposed tariffs.
placeholder
EUR/JPY appreciates above 163.00 with the Yen retreating across the boardThe Euro is trading higher for the second consecutive day, still fuelled by the delay of Trump’s deadline to avoid 50% tariffs in the US, while the Yen declines alongside super long-term Japanese yields.
Author  FXStreet
10 hours ago
The Euro is trading higher for the second consecutive day, still fuelled by the delay of Trump’s deadline to avoid 50% tariffs in the US, while the Yen declines alongside super long-term Japanese yields.
placeholder
Gold extends correction amidst trade optimism, stronger US DollarGold (XAU/USD) price extends correction, sliding below the $3,300 mark at the time of writing on Tuesday amid improving risk-on mood and a stronger US Dollar (USD). 
Author  FXStreet
10 hours ago
Gold (XAU/USD) price extends correction, sliding below the $3,300 mark at the time of writing on Tuesday amid improving risk-on mood and a stronger US Dollar (USD). 
placeholder
Bitcoin (BTC) To Continue Price Discovery Rally If It Holds These Levels – AnalystAs Bitcoin (BTC) attempts to turn the $110,000 resistance into support, some analysts believe its price discovery rally has just started, forecasting new highs for the flagship crypto.
Author  NewsBTC
11 hours ago
As Bitcoin (BTC) attempts to turn the $110,000 resistance into support, some analysts believe its price discovery rally has just started, forecasting new highs for the flagship crypto.
placeholder
Forex Today: US Dollar rebounds after long weekend, focus shifts to mid-tier US dataThe US Dollar (USD) benefits from the improving risk mood early Tuesday, while trading conditions normalize following a three-day weekend in the US.
Author  FXStreet
12 hours ago
The US Dollar (USD) benefits from the improving risk mood early Tuesday, while trading conditions normalize following a three-day weekend in the US.
goTop
quote