Altcoin Season Approaching? Analysts Spot Bullish Signs Predicting Gains for Smaller Cryptos

Analysts are spotting bullish signs on technical charts that suggest an altcoin season could be approaching. This is when smaller cryptocurrencies see substantial gains.

The altcoin market cap has held steady despite Bitcoin's volatility. This could signify a foundation for the next bull run.

Altcoins typically follow Bitcoin's price movement, with gains lagging behind. Analysts watch metrics like market cap and Bitcoin dominance to predict altseasons.

One analyst suggests Bitcoin's dominance over 50% precedes increased interest in altcoins, especially post-Bitcoin halvings historically.

Evidence is mounting across technical charts that conditions are ripening for altcoins to take center stage soon in a potentially profitable altcoin season.