The short-term alt season is coming, as BTC is set to continue its fluctuations and regain market share. The mid-term alt season is coming, as funds from interest rate cuts will flow in, flooding the market.
The market share of BTC has reached a strong support level around 58%, indicating a strong demand for rebound. Therefore, recently we have seen altcoins fall but not rise. So, what can BTC do to continue increasing its market share? The most common method is through repeated fluctuations. Many altcoins without major market makers will mostly continue to make new lows.
If you are unsure about the altcoin you have, feel free to ask me, and I can help you take a look.
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Is the alt season or altcoin festival coming?
The short-term alt season is coming, as BTC is set to continue its fluctuations and regain market share.
The mid-term alt season is coming, as funds from interest rate cuts will flow in, flooding the market.
The market share of BTC has reached a strong support level around 58%, indicating a strong demand for rebound. Therefore, recently we have seen altcoins fall but not rise. So, what can BTC do to continue increasing its market share? The most common method is through repeated fluctuations. Many altcoins without major market makers will mostly continue to make new lows.
If you are unsure about the altcoin you have, feel free to ask me, and I can help you take a look.