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Altcoin Season Could Start This October—Here’s Why Smart Money Is Watching ADA, ETH, and More

  • Analysts suggest that October could mark the beginning of a broader altcoin resurgence, as Bitcoin's dominance in the market starts to dip.
  • The Altcoin Season Index is currently at 28 out of 100, indicating that we are still predominantly in Bitcoin's territory, with a full altseason not yet in sight.
  • Crypto Decoder highlights the delayed altseason this cycle, with only two minor altcoin rallies seen in March and November/December 2024.
  • Ethereum (ETH) and Cardano (ADA) are showing early signs of strength, with ETH rallying 6.95% over the past week and ADA gaining 6.7%, potentially signaling a positive trend if the altcoin season materializes.

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