You may have been expecting Altseason, but I have some bad news to share with you - Altseason is not happening, and at best, some altcoins might recover slightly in the next 2 months. However, due to the liquidity flow of ETFs, Bitcoin's upward trend will continue. I kindly request that new entrants refrain from buying altcoins."
Note: "Altseason" is a term used to describe a period of time when alternative cryptocurrencies (altcoins) experience significant growth and attention.
Note: "Altseason" is a term used to describe a period of time when alternative cryptocurrencies (altcoins) experience significant growth and attention.
Trade closed: target reached
Dominance has entered the 63% range and is currently declining. As a result, the strength of altcoins will gradually increase. Therefore, it’s better to start buying altcoins and consider converting your Bitcoin within the next month.Since the majority of the market and many people worldwide entered based on previous altseason history, the market maker didn’t allow them to profit easily and wiped many of them out. After this phase, they panic, sell all their holdings, and exit. However, 120 days later, they return to the same price level and start buying again.
Note
**Important Note:** For altcoins to grow, the price of gold will experience a temporary decline. Therefore, avoid opening long-term long positions on gold.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.