The CEO of Crypto calls for the start of the Altcoin season with a warning
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According to Cryptoquant data, the long -awaited Altcoin season may have officially arrived. The CEO of Crypto Market, Ki Young JU, has pointed out a significant increase in the size of Altcoin Central exchanges (CEXS).
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The CEO of Cryptoquant says that the Altcoin season has started
Providing a detailed price scheme for Bitcoin size against Altcoins on CEXS, Joe Detected Altcoins has seen the trading volume much higher than the BTC. Unlike the previous emerging market courses, Bitcoin (BTC.D) is no longer the only factor in determining the start of the Altcoin season. Some analysts even indicate that the Altcoin season is It no longer depends on bitcoin dominance.
Usually, during the previous altcoin seasons, investors and carriers rotate their profits between Bitcoin and Altcoins. This time, and CEO of Cryptoquant It suggests that even Stablecoin holds the market, in favor of Altcoins more than BTC and directly entering them.
The Yu scheme explains that the size of Altcoin on CEXS has exceeded 2.71X based on the 90 -day moving average (MA). Despite this increase, the CEO of Cryptoquant warns that The grouping group to follow the Altcoin season It will be selective, not all altcoins may benefit from it.
During the last bull race, the same event occurred, as only the most prominent metal currencies rose, with an appropriate benefit, a strong community, and a large narration. On the other hand, low -clouds have seen an increase, however, it is not explosive like those recorded by coins like Solana and Cardano and more.
Based on Yu’s analysis, Bitcoin’s dominance is no longer determined by the Altcoin season; Instead, the trading volume does. Historically, a Height in BTC.D It is seen as a deterrent for the Altcoin season, as the market is supposed to be more interested in Bitcoin. On the contrary, a A decrease in bitcoin dominance It is an indication of the shift in market feelings towards Altcoins, which indicates a possible start for the Altcoin season.
The analyst expects a permanent decrease in the market before the Altcoin season
While the start of the Altcoin season can reduce the current Habboudi pressures on altcoins On the market, uncertainty still waving on the horizon whether this expected and repeated historical trend will happen in this bull cycle.
Example, identified as “alternative bull” expected A final decrease before the possible start of the Altcoin season. The analyst expects that the Altcoin season index will witness a significant decrease and then rises to a threshold of 90 before the end of 2025, as shown in the scheme.
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Nowadays, Altcoin market hatStanding at $ 280.5 billion, complete The second part of the pre -formed double bottom pattern. This unique artistic style is often seen as an upper indicator, indicating a possible reflection of the declining direction to the upward trend. According to the Rekt Capital on X, the maximum Altcoin market is trying to get out of this style and start a bullish move towards an evaluation of $ 300 billion.
Distinctive image from Reddit, the tradingView graph