Are we actually entering altseason or just experiencing another quick spike?

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guru_2018Member
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#1Jan 21, 2022, 09:07 PM
Recently, quite a few altcoins have started moving again since BTC hit a bit of a wall near resistance levels. Some folks are already calling this altseason, but honestly, I'm not fully sold on that yet. BTC's dominance is still pretty solid, and in past cycles, we often saw some brief alt pumps before the money flowed back into Bitcoin. On the flip side, TOTAL2 is definitely looking better than it has been over the last few weeks. Larger altcoins are gradually seeing some volume come back, and the overall market vibe seems more optimistic. To me, a real altseason kicks off when those mid and low market cap coins can actually hold onto their gains instead of spiking for just a day or two and then crashing back down. Right now, it feels more like an early rotation rather than a full-blown altseason. What do you all think? Are we seriously gearing up for altseason, or is this just another flash of excitement?
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madfalconFull Member
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#2Jan 21, 2022, 09:35 PM
Honestly, I don't see where the idea of this thread is coming from, I just checked coinmarketcap and can't find or see any reason to want to think or even assume that there is a potential altseason brewing, because right now, bitcoin is in the red and so also is the majority of the altcoins in the front or first page of cmc. I am actually curious to know why you came up with this thread, because nothing in the current market situation or condition suggests any potentials for altseason any moment from now, infact, the market is currently dumping, it's only a very few number or handful of altcoins that are showing some green and nothing more. If you ask me, I honestly don't see any thing that resembles altseason happening right now or in the very near future, going by the crypto circle I believe many of us here are well familiar with, this year and 2027 are supposed to be a full blown bear season, so I am honestly not looking forward to any surprise altseason this year or next until bitcoin reaches a new all time high.
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nick2013Senior Member
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#3Jan 22, 2022, 06:53 AM
There's a saying "Sell in May and walk away". It doesn't always work out but I'm afraid this is the time. Most altcoins are back into reaccumulation ranges. Some even reached their all-time lows again (i.e. Magic Eden). Seems like geopolitical instability will last longer and hence no good action for altcoins either.
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cobra_2015Full Member
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#4Jan 22, 2022, 12:24 PM
Bitcoin's dominance remains high, exceeding 50%, indicating that altcoins are still underperforming and that investors prefer Bitcoin. Furthermore, the decline in Ethereum's price will make the start of this season unpredictable.
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k3vin4peSenior Member
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#5Jan 22, 2022, 10:15 PM
Before concluding that there is an alt season, there needs to be quite a lot of those altcoins pumping so hard but instead, when one or two altcoins experience a pump, I see people speculating about alt season meanwhile it just a very few coin that experienced this surge, seasons are not the same as previous years, there's no special alt season after Bitcoin bull season, we already experienced small pumps in some of these altcoins during the time Bitcoin was at its peak but right now, I feel these altcoins are just surviving, especially the ones that still have good team.  There's no alt season right now, just a hype.
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D4rkFalconSenior Member
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#6Jan 22, 2022, 10:32 PM
Well lot of people discussed about altseason but my opinion it seems there will be no altseason atleast for now maybe next year. if you know that altseason to trigger, Bitcoin Dominance needs to fall off a cliff. Right now, it is doing the exact opposite. The Altseason Index is currently hovering around 28.6%, which means only a small handful of top 50 alts like Zcash or Bittensor are actually outperforming BTC over a 90-day window. To declare a real altseason, that index needs to cross 75%.
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jake365Full Member
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#7Jan 23, 2022, 02:10 AM
When in the past has altcoin season started in 7 months after bitcoin's 4 year cycle has triggered another bear market? Zoom back. And i am not saying that some alts couldn't thrive this time, but that's not what altcoin season is. It's the bag holders of altcoins that want their exist who are shouting loudest so that anyone would pump their bags. Imho hyping small pumps it's as dumb as panicking when markets dip. But each to their own.
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SilentYieldSenior Member
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#8Jan 23, 2022, 05:16 AM
Who said it would be altseason? what is happening in the market now is a form of price consolidation where looking for resistance prices then back to correction and this is a very natural situation in the market now, currently the market is still in a bearish state at least for a full year because we are in the early state of the 4-year bitcoin cycle which as usual from time to time the first year of the cycle becomes a bearish market, I hope you can know that, so be careful, the increase in this market is not about alteseason.
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maxi2011Member
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#9Jan 23, 2022, 07:35 AM
What is with May anyway? Could be that they just rhyme? Hmm.. But it can also be on March, like '' Sell on March and March''. Or it can as well be in September. You know " Sell and then wake me up when September ends'' lol. I got that from a song though. We are long bear though. In fact, the price should start to rise now, although it did though last time but prolly there is just some correction that is happening for a while. Never heard of that coin Magic Eden but maybe it is only exiting the market. So we must be careful on which we are picking. To be safe, it is best to pick the known ones because they are likely to continue for more years.
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WildBearSenior Member
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#10Jan 23, 2022, 09:01 AM
Let us accept it that there is no alt season that's happening now. If some alts are pumping, that's just some casual pump and not the alt season that everyone is waiting for. Possibly that it has ended as well. Don't be too optimistic with the few alts moving up because that happens even in a bear market.
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shard_minerSenior Member
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#11Jan 25, 2022, 12:35 PM
I believe strongly that investors are just bored because of the way Bitcoin has been leaning towards a more sideways grind making it's current price stand look more like a bull trap, but to get the best out of every season is to understand what the current metrics and data says. The way to detect a true altseason starts with a stable post breakout range and Bitcoin's dominance breaking new highs and may mean it breaks below 55% and stay there, while ETF outflows seize to flow at the moment. I wouldn't advise rushing into altcoins because of hype and early rotation because real profit will be better guaranteed when the metrics  actually confirms the trend.
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SilentYieldSenior Member
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#12Jan 26, 2022, 02:06 AM
yes it could be possible, the sad thing is that wild speculation from saturated investors saying that bullish and also altseason which according to existing data that we are in a bearish state, they are too early to say that and in my opinion they make it seem as if it is all a movement to return to the trend when it could be a bull trap or just a price consolidation, or even people who speculate are just spreading fomo to attract more people to enter at this time to become their exit liquidity. In a bear market, you have to be careful and every piece of information needs to be digested repeatedly, talking about outflows and inflows from ETFs or from institutions or even from retail I think all of that is just a short-term measure, it's better to focus on buying price targets to accumulate at the lowest price this year.
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nick2013Senior Member
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#13Jan 26, 2022, 02:25 AM
I've no idea, it's just a tradition to post it on crypto twitter. I suppose summer months tend to be illiquid so May is a good month to orchestrate an exit pump. It played out way too many times in crypto. Unfortunately, this time seems to be no different with many coins across the board pumping 100% or more in May and now all of them violently dumping back into the February-April range. Still hoping it's just a shakeout though.
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ryan_orbitFull Member
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#14Jan 26, 2022, 07:28 AM
The market doesn’t look like the altseason has started or any sign of such. The bitcoin market has not being so stable and everything looks to be very complicated and until we see a clear direction of the market can we point out an altseason or probable starts of it. The market has been so much volatile lately and hasn’t shown a clear direction for quite a long time of recent, until then, let the speculation remains and the market continues to show a clear path before concluding.
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cobr4404Full Member
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#15Jan 26, 2022, 11:02 AM
And... another investor who's daydreaming of an altcoin season yet again. Just for context, we are in a bear market, and those pumps that you're seeing are just temporary pumps, and they will not hold for too long. Sooner, the market will go down like what's happening right now. Those pumps that you are seeing aren't enough for the whole market to turn from a bear market to a bull market. Heck, I haven't seen the market going into that phase at all. Altcoin season? It will happen again during the bull run season ONLY... or it might not even happen during that time for many reasons such as lack of new money being injected, something that's sucking up the liquidity like what pump.fun did during the 2025 bull year, or whatever reason it is. There's no altcoin season for this year or in the next 2 years. If the 4 year cycle is still in tact, the next bull run cycle will happen in 2029, and that year might be the time where the altcoin season will start as well.
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HyperGweiSenior Member
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#16Jan 27, 2022, 06:04 PM
To be honest, I have also put a bit of money into a few altcoin and used to hope for an altseason. But at this point, I would say just forget about altseason. The cycle has changed, the market has changed, and we need to face the reality that there will be no more altcoin season. Do not be stubborn, face reality and adapt to change instead of clinging to unrealistic hope. If the market is not moving the way we want, the right thing to do is adjust our strategy, manage risk better and focus on what is actually happening. Do not expect or put your faith in vague things. That is just a waste of time.
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fullnodeSenior Member
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#17Jan 27, 2022, 07:09 PM
The Altcoin Season Index on CoinMarketCap is at 33/100. There are a few altcoins that have performed better than Bitcoin but this is not a trend overall. Privacy coins are doing well and I expect them to keep doing so. Zcash has been extremely volatile lately. Its relative performance to Bitcoin is among the most notable. This doesn’t automatically make it a great investment. It is still possible to lose a lot of money if it has another big correction. HYPE is another L1 coin doing very well. Speculation on non-crypto native assets is creating a large surge in volume and open interest. Outside of BTC, this is one of the few coins that is worth holding right now, in my opinion.
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the_stackFull Member
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#18Jan 27, 2022, 07:56 PM
Right now I dont seen any price movement with these alts right now still the market price of the alts follows with the bitcoin so if ever there is another ffluctuation of the market price still the alts will go through but lets observe for a while such as wait for a couple of months or weeks before we can confirmed that the alts are moving because me even right now they are just consolidating, now if there i some breaking of trend line possible it could change my mind.
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0xR4v3nSenior Member
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#19Jan 28, 2022, 02:21 PM
I think you've to make peace with the fact that there will never be any altseasons to see. For me, it used to mean new ATHs for OLD coins. Any new shitcoin can pump to ATH (not just newly minted, newly listed). No one in their objectivity can say its an altseason when ETH is not even at 50% of ATH, SOL is dying, MATIC is going down and down and down.
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#20Jan 30, 2022, 10:11 AM
I don’t think we’ve even reached the threshold of altseason yet. Just a few days ago, we actually saw several altcoins in fact, quite a few hit all-time lows. Even a fairly well-known AI coin like WLD hit an all-time low a few days ago. And I still haven’t seen a significant influx of traders into altcoins. Instead, I still see traders waiting for the right moment to re-enter Bitcoin after it failed to break through the nearest support level. So I think we’ll actually see Bitcoin rise again. And after that, perhaps around July or September, we might see altseason return, though it might only be brief, just like last year.
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