The encryption markets have declined today again, as the total capitalization has lost about 3 % over the past 24 hours in a decrease to 3.24 trillion dollars.
As usual, the loss of losses is from Altcoins, which continued to bleed for most of this month. However, February was usually a pivotal period for Altcoins and markets in general if the previous sessions are anything you should go through.
“The markets look dark, and everyone calls for the death of altcoins, but can we be in a resetting store soon?” Analyst Miles Deutcher requested February 19.
And he noticed that February has historically set a local bottom in the “BTC ratio” at this stage in a four -year course.
The markets look dark and everyone calls for altcoins, but can we be in a resetting store soon?
February distinguished a local bottom in the percentage of others/BTC at this stage in a 4 -year cycle.
what if… pic.twitter.com/ldMbmglthk
– Milesdeutscher February 18, 2025
When altseason?
An analyst “Mister Crypto” fellow noticed that there is always a bitcoin’s dominance before Altseason, as it appears in 2017 and 2021 sessions.
The scale rose earlier this month, as it reached the highest level in four years by 64.3 % before it decreased slightly to the current, but is still high, at 61.3 %, According to To TradingView. Others suggested that the BTC dominance needs to take advantage of 70 % first before it begins to fall, preaching the beginning of Altseass.
We always get the dominance of dominance before Altseason.
This happened in 2017 and in 2021 …
It will happen again in 2025! pic.twitter.com/23ktw2ldua
Mistercrypto February 18, 2025
Analyst “Kalio” OPINED We have not yet seen the bull market.
He added: “What we saw in the memes is similar to the growth that we saw in the coins during the Devi summer in the early stages of the last session.”
The “Mini-ALTSEASON” was after the long bear market and led to the next height of the next bitcoin, which “led to the next wave of the growth of the Ecology system L1”.
He added that we are entering into the most frictional organizational period that the encryption market has witnessed for years, in addition to the largest support it witnessed from the highest levels of the government.
“I have difficulty thinking that we do not see a great growth in the Altcoin sector outside * Just * Meme Coins.”
Mimi currency bubble explosions
Meme coins played a major role in the Altcoin market tournament this time, but as I mentioned recently, most of them have no purpose or benefit and/or pumps and discharge frauds have been performed by those familiar with retail speculation.
The repercussions of these mim scandals were exposed to the Solana ecosystem, where Sol threw approximately 45 % in just one month as the network was used primarily in mint and trading these deadly symbols.
Seoul has reached its lowest price since November 5 on Tuesday, as it decreased to less than 162 dollars. The other big losers today include Cardano by 6 %, Chainlink by 4.3 %, and excessive liquid dumping more than 14 % a day.
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