Altseason is short for altcoin season. It is a time when altcoins go up in price faster than Bitcoin. Altcoins are all other coins besides Bitcoin, like Ethereum, Solana, XRP, and many others.
When Does Altseason Happen
Altseason often starts after Bitcoin has had a strong rise. When Bitcoin slows down or moves sideways, people start putting their money into altcoins. This can cause many altcoins to go up quickly.
What Causes Altseason
1. People want higher profits than Bitcoin gives
2. New crypto trends like NFTs or DeFi become popular
3. Social media and influencers talk about certain coins
4. Big investors and traders move money into smaller coins
What to Watch For
1. Bitcoin dominance going down
2. Altcoins gaining in price and volume
3. News and hype around new crypto projects
4. Many coins growing fast at the same time
In short:
Altseason is when altcoins shine. Prices can rise fast, but risk is also high. If you are new to crypto, always learn before you invest.