Best Crypto to Buy Now As Market Sentiment Indicates A Potential Altcoin Season Next
The post Best Crypto to Buy Now As Market Sentiment Indicates A Potential Altcoin Season Next appeared on BitcoinEthereumNews.com. Bitcoin’s early rally has historically always been the warm-up act before the real “bull market.” The real drama, especially for retail investors, begins when Ethereum starts gaining traction. That’s when the market starts whispering that the altcoin season is near, which is the phase where smaller coins start clocking 2x, 5x, even 10x moves in a matter of days. Despite Bitcoin’s strong upward moves this year, altcoins have largely remained quiet. But that silence may be ending. The broader sentiment, while still cautiously optimistic, has begun to lean in favor of altcoins. And with Ethereum’s demand building quietly in the background, many in the space believe the tide could finally be shifting toward a market where alts start running hard. Why This Altcoin Season Speculation Isn’t Just Hopeful Thinking The clearest evidence that altcoins are about to gain strength isn’t found in hopes or hype but in the form of a technical indicator called Bitcoin dominance. This metric measures how much of the total crypto market cap is absorbed by Bitcoin alone. When dominance is rising, Bitcoin is doing the heavy lifting. But when dominance stalls or begins falling, it usually means that liquidity is rotating into altcoins. That’s exactly what’s beginning to happen right now. Bitcoin dominance has hit a strong resistance zone just under 65%, and it’s already showing signs of rejection. As the metric begins trending down again, traders are preparing for what could be a heavy altcoin rotation. A drop toward the 64.2% level or below would likely confirm this shift. The second biggest crypto per market cap, Ethereum, has also managed to remain the heartbeat of altcoin activity. The recent accumulation of over 1.4 million ETH by major whale and shark wallets, even as retail has been selling, shows that smart money is positioning early.…
The post Best Crypto to Buy Now As Market Sentiment Indicates A Potential Altcoin Season Next appeared on BitcoinEthereumNews.com.
Bitcoin’s early rally has historically always been the warm-up act before the real “bull market.” The real drama, especially for retail investors, begins when Ethereum starts gaining traction. That’s when the market starts whispering that the altcoin season is near, which is the phase where smaller coins start clocking 2x, 5x, even 10x moves in a matter of days. Despite Bitcoin’s strong upward moves this year, altcoins have largely remained quiet. But that silence may be ending. The broader sentiment, while still cautiously optimistic, has begun to lean in favor of altcoins. And with Ethereum’s demand building quietly in the background, many in the space believe the tide could finally be shifting toward a market where alts start running hard. Why This Altcoin Season Speculation Isn’t Just Hopeful Thinking The clearest evidence that altcoins are about to gain strength isn’t found in hopes or hype but in the form of a technical indicator called Bitcoin dominance. This metric measures how much of the total crypto market cap is absorbed by Bitcoin alone. When dominance is rising, Bitcoin is doing the heavy lifting. But when dominance stalls or begins falling, it usually means that liquidity is rotating into altcoins. That’s exactly what’s beginning to happen right now. Bitcoin dominance has hit a strong resistance zone just under 65%, and it’s already showing signs of rejection. As the metric begins trending down again, traders are preparing for what could be a heavy altcoin rotation. A drop toward the 64.2% level or below would likely confirm this shift. The second biggest crypto per market cap, Ethereum, has also managed to remain the heartbeat of altcoin activity. The recent accumulation of over 1.4 million ETH by major whale and shark wallets, even as retail has been selling, shows that smart money is positioning early.…
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