Altseason or Another False Start? Experts Split on Altcoin Market’s Next Move
Main Idea
Experts are divided on the sustainability of the current altcoin rally, with some warning it may fizzle out while others see potential for a major bull run based on market indicators.
Key Points
1. Matrixport analysts warn the current altcoin rally may fizzle out, similar to past temporary rallies like in Q4 2024.
2. Bitcoin's dominance briefly slipping near 60% fueled narratives of an altseason, but SwissBlock notes 'smart capital' has not yet triggered a breakout.
3. A market watcher suggests an altseason may begin if USDT dominance declines, signaling a shift toward riskier assets like altcoins.
4. Some analysts view the current market activity as an early stage where informed investors are positioning, not yet a full breakout.
Description
Many experts have predicted the return of a long-awaited altcoin season. A declining share of Bitcoin dominance and sporadic outperformance in select altcoins have pointed to a subtle rotation into smaller, higher-risk assets, amidst growing appetite for the market. A recent report, however, casts doubt on the sustainability of an altcoin rally. Altcoin Rally Lacks Support Matrixport warned that it may once again fizzle out. Analyst Markus Thielen noted that, despite recurring calls for a new bu...
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