Looking at your BTC/USDT chart, here’s what I see:
1. BTC is Still in a Strong Uptrend
BTC is currently $93,500 and following the yellow parabolic curve.
If BTC breaks above resistance and continues up, it could trigger a new wave of FOMO.
2. Stochastic RSI Shows Overbought Conditions
The Stoch RSI is still high, meaning BTC is in an extended bullish phase but might need consolidation before a bigger move.
If BTC breaks out without cooling down, it could continue higher, delaying altseason.
3. Will This Start Altseason?
If BTC Breaks Up Hard: 🚀
Alts may pump later, but initially, liquidity might stay in BTC.
BTC dominance may rise, delaying an altseason.
If BTC Starts Consolidating Above $100K: 🔥
This is the best scenario for altseason, as investors rotate profits into ETH and other alts.
If BTC Corrects Instead: ⛔
Alts could crash harder first before rebounding.
Key Levels to Watch for Altseason:
BTC $100K-$110K+ consolidation → Bullish for alts
BTC dominance dropping → Alts gain strength
ETH/BTC ratio rising → Alts could outperform
Key Conditions for Altseason:
✅ BTC needs to stay above $100K → Confidence remains high, and investors look for higher-risk opportunities.
✅ BTC Dominance (BTC.D) must drop below 50% → Sign of capital rotating into altcoins.
✅ ETH needs to be above $5K → ETH leading the market often signals altcoins are next.
Why These Levels Matter?
1. BTC Over $100K = Market Confidence
If BTC crashes, people sell alts first to protect profits.
BTC stabilizing above $100K makes investors comfortable taking on more risk.
2. BTC Dominance Below 50% = Altcoin Liquidity
If BTC.D is above 55%, Bitcoin absorbs most liquidity.
When BTC.D drops below 50%, money flows into ETH and mid-cap alts.
3. ETH Above $5K = Altcoin Strength
ETH is the gateway to alts. When ETH rallies above $5K, investors rotate into smaller altcoins.
ETH/BTC rising confirms that ETH is outperforming BTC, signaling altcoin season.
Bonus Signals to Watch for Full Altseason:
🔥 ETH/BTC ratio > 0.07 (ETH outperforming BTC).
🔥 Memecoins & low caps start exploding (retail FOMO).
🔥 Bitcoin moves sideways or slowly up, not parabolic.
As of today, March 3, 2025, here are the latest figures:
Bitcoin (BTC) Price: $93,489.00, up 9.62% from the previous close.
Ethereum (ETH) Price: $2,372.65, up 8.21% from the previous close.
Bitcoin Dominance (BTC.D): Approximately 57.95%.
Given these metrics, Bitcoin's dominance remains above the 50% threshold, and Ethereum's price is below the $5,000 mark. These conditions suggest that an altseason is not imminent at this time.
However, recent developments, such as President Donald Trump's announcement of establishing a U.S. Crypto Strategic Reserve, have positively impacted the cryptocurrency market. This initiative aims to position the United States as the "crypto capital of the world," potentially influencing future market dynamics.
Monitoring these indicators alongside market developments will be crucial in anticipating the onset of an altseason.
1. BTC is Still in a Strong Uptrend
BTC is currently $93,500 and following the yellow parabolic curve.
If BTC breaks above resistance and continues up, it could trigger a new wave of FOMO.
2. Stochastic RSI Shows Overbought Conditions
The Stoch RSI is still high, meaning BTC is in an extended bullish phase but might need consolidation before a bigger move.
If BTC breaks out without cooling down, it could continue higher, delaying altseason.
3. Will This Start Altseason?
If BTC Breaks Up Hard: 🚀
Alts may pump later, but initially, liquidity might stay in BTC.
BTC dominance may rise, delaying an altseason.
If BTC Starts Consolidating Above $100K: 🔥
This is the best scenario for altseason, as investors rotate profits into ETH and other alts.
If BTC Corrects Instead: ⛔
Alts could crash harder first before rebounding.
Key Levels to Watch for Altseason:
BTC $100K-$110K+ consolidation → Bullish for alts
BTC dominance dropping → Alts gain strength
ETH/BTC ratio rising → Alts could outperform
Key Conditions for Altseason:
✅ BTC needs to stay above $100K → Confidence remains high, and investors look for higher-risk opportunities.
✅ BTC Dominance (BTC.D) must drop below 50% → Sign of capital rotating into altcoins.
✅ ETH needs to be above $5K → ETH leading the market often signals altcoins are next.
Why These Levels Matter?
1. BTC Over $100K = Market Confidence
If BTC crashes, people sell alts first to protect profits.
BTC stabilizing above $100K makes investors comfortable taking on more risk.
2. BTC Dominance Below 50% = Altcoin Liquidity
If BTC.D is above 55%, Bitcoin absorbs most liquidity.
When BTC.D drops below 50%, money flows into ETH and mid-cap alts.
3. ETH Above $5K = Altcoin Strength
ETH is the gateway to alts. When ETH rallies above $5K, investors rotate into smaller altcoins.
ETH/BTC rising confirms that ETH is outperforming BTC, signaling altcoin season.
Bonus Signals to Watch for Full Altseason:
🔥 ETH/BTC ratio > 0.07 (ETH outperforming BTC).
🔥 Memecoins & low caps start exploding (retail FOMO).
🔥 Bitcoin moves sideways or slowly up, not parabolic.
As of today, March 3, 2025, here are the latest figures:
Bitcoin (BTC) Price: $93,489.00, up 9.62% from the previous close.
Ethereum (ETH) Price: $2,372.65, up 8.21% from the previous close.
Bitcoin Dominance (BTC.D): Approximately 57.95%.
Given these metrics, Bitcoin's dominance remains above the 50% threshold, and Ethereum's price is below the $5,000 mark. These conditions suggest that an altseason is not imminent at this time.
However, recent developments, such as President Donald Trump's announcement of establishing a U.S. Crypto Strategic Reserve, have positively impacted the cryptocurrency market. This initiative aims to position the United States as the "crypto capital of the world," potentially influencing future market dynamics.
Monitoring these indicators alongside market developments will be crucial in anticipating the onset of an altseason.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.