Exploration traditions expect the next altcoin season, but before this happens, the market can see a great correction. The market does not support altcoins, and any analyst expected that the altcoin season will be delayed due to multiple factors such as retail selling interests, the Memecoin War and the Trump War. Nowadays, Altcoins is struggling outside the first ten, with a total of the maximum market in its lowest level for three months at $ 277 billion, for each tradingview. This is a sharp decrease of 77 % of their peaks of $ 492 billion in November 2021.
Looking at the current scenario, IL CAPO, He said This altcoins may decrease by 20 % -40 % before starting the real gathering, with meme coins facing greater losses.
Severe correction before altseason?
IL CAPO believes that the market is not ready for the entire altcoin gathering so far. Based on its analysis, Bitcoin can suffer from a 15 % -20 % decrease, targeting levels of about 80 thousand dollars to 85 thousand dollars. However, Altcoins is expected to suffer more, with a 20 % stronger project correction and 30 % weakened by 30 % -40 %.
Meme currencies, known as their extreme fluctuation, may see losses of up to 50 % -60 %. For example, the trader received $ 28 million on February 14 through the trading of “Broccoli”, inspired by the Check STP dog. Speculation hints in the interior trading, and expose the risky nature of memecoins. Analyst Nikolai Sondargard notes that Altcoins see mixed shows, as some sectors outperform others. These speculation and more than super currencies such as Trump create a problem in coins.
Although merchants who hope for a smooth riding, Capo warns that markets do not move based on expectations – they follow their cycle. Although this shake, it may be a necessary step before entering the market in the next explosive stage.
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Any hope of altseason?
Historical data indicates that Altcoin seasons usually start about 6-9 months after Bitcoin reaches its peak. In 2017 and 2021, the main altcoin gatherings occurred after the price of bitcoin after half. With the Bitcoin collection the following half of April 2024, analysts expect a similar timetable: a strong bitcoin that was operated during late 2024, followed by a transformation into Altcoins in early 2025.
Bitcoin, which measures its share of Total Crypto Market, is another major indication. When BTC dominates less than 50 %, it indicates that the capital is transmitted to altcoins. Currently, BTC dominates about 60.6 %, which means that the transition has not started.
In order to start altcoins, some things need to be aligned. Bitcoin must first peak and enter the installation stage, allowing traders to rotate money in alternative assets. ETHEREUM is often the first to lead, so the ETH/BTC increase can indicate that the broader market turns. You will play the noise in retail, especially around Meme currencies and emerging novels, a role in paying prices up.
while Raul PalThe CEO of Real Vision said that altcoin can soon take off when the market is heading towards the “banana zone”, which means that altcoin can take the initiative. But he also warns that investors need patience because it may not be so quickly.
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