Although the sales accelerated in 2022 began to reversed in 2023, many altcoin He is still close to the bottom levels. With the decline in December, the rising markets with the excitement of the November elections interrupted the rise. So what will happen now? What awaits investors at this stage?
When is the Altcoin season?
Altcoin Investors have not been able to get the earnings they want for a long time. Breast Coins This year, with the liquidity sweeping, the Altcoins experienced a harsh decline in the middle of the tariff chaos. Moreover, the losses in BTC parities run to new historical levels. If this is the biggest evidence ETHBTC Historical bottoms seen in the parity.
Mister Crypto wrote in today’s assessment that the Altcoin season was postponed but did not completely disappear.
“Subsion He was postponed, not canceled. It will come in a moment you never expected! “
Michael Poppe thinks that this postponement has ended and we are still in the early stage of his ACA journey.
“The market value of the Altcoins is standing in a beautiful way and made a great re -test. We will probably continue to show strength to ATH.”
The last decline is a new opportunity to buy the bottom, but implying that it has escaped, the analyst is waiting for the total market value of subcoins to move towards $ 1.2 trillion. We saw a similar move in the previous cycle, but if the second summit remains below the first Crypto Coins it may mean that the larger boring process begins.
Solana (left)
Phoenix Solana (LEFT) draws attention to the graph. Focusing on a stable rise for popular Altcoin, the analyst thinks that the acceleration of the rise will increase in an environment where $ 144 is preserved. Left Coin remained quite strong in this cycle relatively to others and did not upset its investors by rapidly recovered from the bottoms.
However BTC Price His performance will also be decisive here. If $ 144 cannot be maintained, we can see withdrawal for $ 112 again. In the process of excessive volatility, popular tokens in the network, such as Bonk Coin, make larger movements to fold earnings and losses.
Today we will watch Jolts and consumer trust data. Volatility may increase after the US market opening, as we will see the current expectations of recession concern and the tariff effect on this data. At the time of the article, it was about 1 hour of the market opening.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
