One interesting development this week is that Glassnode's altcoin cycle signal reportedly shifted from a Bitcoin bias toward altcoins as market participation broadened.
But calling it a full-blown “altseason” would be premature.
The real thing to watch is breadth:
Are more coins participating in the move?
Or are only a few big names carrying the entire market?
$DOGE just reminded everyone how quickly crypto momentum can spread.
While Bitcoin pushed toward multi-month highs, Dogecoin also posted a sharp move, gaining more than 10% over the previous 24 hours in one market snapshot.
That's exactly where things get interesting.
When major coins rally, money and attention can quickly move toward higher-volatility assets.
But momentum creates two emotions:
FOMO when prices rise.
Panic when they reverse.
So before chasing a big green candle, ask yourself:
Is there real momentum behind the move—or are traders simply chasing it?