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Historically, when this indicator reaches lows like 8% and then rises, it may be an early sign that a new altseason is about to begin.
✅ A strong altseason rally is underway.
✅ Because capital is gradually moving out of Bitcoin and into smaller currencies to achieve greater profits.
Note the pink line in the image at ~70% - this area is considered the peak of the altseason. The current bottom often means that we are just beginning to prepare for the next cycle.
Watch for the indicator to start exceeding 20%–30% - an early sign of funds being released to altseason.
3️⃣ Quick Summary
✔️ The indicator is currently at a bottom - an early monitoring opportunity.
✔️ Prepare a list of currencies and follow technical news or project launches.
✔️ Focus on accompanying indicators: Bitcoin Dominance and liquidity movement.
$ETH
{spot}(ETHUSDT)
#altsesaon