WATCH: They're Lying... It's NOT Altcoin Season Yet

X, and Reddit are all saying it’s altcoin season. YouTubers are calling for 10x gains. But in the latest episode of TheCoinZone.com, Paul Matt drops a cold dose of reality: altcoin season hasn’t even truly started yet. And if you want to understand why, this is the one video you can’t afford to miss.

Paul kicks things off with a dramatic flair—an envelope in hand, sealed with what he calls the “truth bomb” that crypto influencers don’t want to admit. Inside? Data and charts that show we’re in what he calls the pre-altseason phase, a moment that looks eerily similar to the calm before the storm in 2021.

So what’s the real story behind the hype?

Bitcoin Dominance: The Canary in the Crypto Coal Mine

Bitcoin dominance is the first thing Paul breaks down—and for good reason. It’s one of the clearest indicators of where the money’s flowing in the crypto market. Right now, BTC dominance has dropped from 66% to around 60.93%. That’s a huge move, the biggest weekly drop in four years. And it’s the first real clue that capital is starting to rotate into altcoins.

But here’s the kicker: in 2021, BTC dominance plummeted all the way to 38% before altcoin season peaked. So while we’re seeing early signs of a shift, we’re not there yet.

Google Search Trends: Retail Is Waking Up

Next, Paul points to a major spike in Google searches for terms like “altcoins,” “Solana,” and “Cardano.” If that sounds familiar, it should—similar spikes happened right before the 2021 altcoin explosion. This means that retail investors are finally entering the chat. And when retail gets curious, altcoin prices start climbing. But again, the trend is just beginning.

Ethereum: The Market's Signal Caller

In 2021, Ethereum’s breakout above its previous all-time high was the spark that ignited a market-wide altcoin boom. Fast forward to today—Ethereum is hovering at around $3,800, still below its 2021 ATH of $4,800.

Paul shows a chart that compares the 2021 cycle to today’s—and it’s nearly identical. Bitcoin already hit a new high at $123,000 and is now consolidating. That’s exactly what happened before ETH broke out last time. Once ETH pushes into price discovery again, it could signal the true start of the altseason wave.

And the ETH/BTC trading pair? That’s another tool Paul uses to sniff out a “risk-on” environment. When ETH outperforms BTC, it’s typically game on for the entire alt market.

The Hidden Driver: Unit Bias

Paul doesn’t just look at charts. He dives into psychology too. His biggest reveal? A little-known cognitive glitch called unit bias. It’s the reason why people would rather buy 10,000 of a cheap coin than 0.01 BTC. It feels like you’re getting more, even when you’re not.

This bias is one of the main reasons altcoin season exists. As Bitcoin becomes more expensive, retail investors pivot to altcoins they can “own” in large quantities. And right now, with BTC’s price soaring, unit bias is kicking into overdrive.

What This All Means—and Why It Matters

The bottom line? The setup is in motion, but we’re not in full-blown altseason just yet. Ethereum needs to break out. Bitcoin dominance needs to drop further. Retail interest needs to mature from curiosity into full-blown FOMO.

Paul’s advice? Stay sharp, stay skeptical, and most importantly—be your own detective.

In the episode, he also shares the free tools and indicators he uses every day to track altseason triggers. From TradingView setups to on-chain signals, this is the kind of content crypto needs more of—real analysis, not empty hype.

So if you’re serious about catching the next wave—not just watching it go by—this episode is must-watch.

👉 Click here to watch the full breakdown.