Will we have a new alt season in the next 30 days?

However, Van de Poppe’s analyst has a more bullish view and believes that the market value of altcoins is at levels similar to the historical lows of 2016 and 2020, which could be the beginning of an alt season. In those periods, after such conditions, the market witnessed the heavy growth of altcoins.

The Alt-Season index is now below 50 and the fear of the market has not completely disappeared. Therefore, in order for the alt-season to really begin, we need to see the influx of capital and the simultaneous growth of several large projects.