🤔‼️ Weekend wipeout may be the setup for “altseason 3.0”
A massive weekend leverage flush wiped billions and hammered altcoins hard — but some analysts say that’s exactly the pattern that preceded prior alt seasons. Market researcher Bull Theory notes every big crypto expansion included brutal 30–60% resets (March 2020, May 2021, etc.), each of which preceded some of the biggest rallies.
This weekend’s hits were brutal: XRP −18%, SOL −22%, DOGE −28%, ADA −25%, LINK −26% in a day. Total crypto market cap slid back below $4T, Bitcoin dipped under $113.5k, and BTC dominance fell under 59% — the first red weekly candle in five weeks.
Chart analyst Merlijn The Trader spots a monthly bullish MACD cross on the BTC/alt ratio — the same signal seen before 2017 and 2021 alt-seasons. The narrative: deep, liquidity-driven flushes remove weak hands and margin, setting the stage for fresh, concentrated inflows into alts if structural demand returns (ETFs, treasuries, or renewed retail/DeFi activity).
Bottom line: brutal short-term pain for alts, but echoes of past cycles suggest a snapback could follow — keep an eye on BTC dominance, exchange flows and whether on-chain/ETF-type demand reappears.
DYOR and stay sharp. Just like how it took no time for market dip sharply, it will not take much time for it to hit moon.