Altcoins have made more progress than the high-cap crypto assets over the past few days as markets show further signs of recovery.

This has led to renewed calls for altseason from industry analysts and observers. However, they may be a little premature as the big boys usually peak first.

When Altseason?

On Aug. 26, technical analyst ‘Rekt Capital’ observed that there were several “bullish divergences” on altcoins. He added that these were also “facilitating the development of early-stage market structures” and potential future breakout patterns.” A bullish divergence is a technical chart pattern that signals a potential price reversal.

Meanwhile, on Aug. 25, trader and analyst ‘Mags’ declared that altseason was incoming following several months of downward and sideways action. Similar ‘chopsolidation’ has preceded altcoin breakouts in previous market cycles.