So right now, we’re observing something interesting in the market at the moment. Alt season is this period when altcoins really start to move and outperform Bitcoin in terms of performance. A lot of people are looking forward to it because that’s when the real potential gains arrive.

What usually happens during Alt season is that capital gets diversified. Bitcoin loses a bit of its dominance, and investors begin looking at other projects. This is where you see small altcoins explode in just a few days. Of course, it’s also extremely volatile, so you really need to be careful.

At the moment, BTC is trading around 69,60K with +3,68% over 24h. Not bad for a move. And with this kind of momentum, we’re also starting to see altcoins pick up activity. The Altseason index indicates that we’re probably still at the beginning of the move, which could be interesting for the coming weeks.

What draws a lot of people during Alt season is speculative energy. Every new project promises something unique, and everyone hopes to find the next big win. But yeah, before jumping on it, you really need to understand what you’re buying and have a solid risk strategy.

For example, BONK right now is +6,68% over 24h. Some traders look at Elliott Wave patterns and try to predict the movements. But honestly, it’s not guaranteed, and you always need to respect your stop losses. The volatility during Alt season can catch you off guard very quickly.