Altcoin season denotes a phase where altcoins (cryptocurrencies excluding Bitcoin) see a rise in value vs bitcoin and presents a lucrative trading chance to profit from the ALT/BTC spread.

The ALT/BTC spread during the altcoin season lets investors benefit from the trend of the price spreads… that is, we look at how the ALT/USD price compares to the BTC/USD price over time.

The AltSeason CoPilot trading system, armed with risk control strategies, helps you optimally follow the ebb and flow of altcoin season.

A reduction in Bitcoin dominance suggests the onset of the altcoin season and a shift towards other cryptocurrencies. Conversely, an increase in stable coin dominance could indicate a bearish outlook for altcoins. However, a decrease in stable coin dominance signals bullishness and increased risk-taking.

Deciphering the performance of individual altcoins can be complex. Hence, diversifying your portfolio across multiple cryptocurrencies via the ALT/BTC spread can help benefit from the most promising markets, and simply avoid those market that don’t match our pattern.

Despite promising moves by some altcoins recently, a bearish tone persists.

With a potential drop in BTC price predicted, the US Dollar value of altcoins could also decrease.

Some altcoins may not drop as much, causing their ALT/BTC pair to surge.

However, it may be that staying in USD during the decline could protect resources that we can deploy after a significant downturn occurs.

Remember, focusing on long-term altcoin trends and portfolio diversification can yield significant benefits during the altcoin season, even amidst a bearish market outlook. It’s crucial not to let personal biases dictate trading decisions. Follow an objective, proven method.