Crypto enthusiasts liken the altcoin season to crypto Christmas. It is characterized by a pervasive positive sentiment over altcoins whose values are often in an exponential rise. Often, these alternative digital currencies gain immense benefits during these seasons.
Diehard crypto traders say that more Bitcoin can be earned from altcoins during this uptrend. In fact, it is the season where most traders will make the highest profits during the crypto year, whether trading altcoins for more Bitcoin or for more fiat.