💸 This fall, altcoins have seen a significant influx of capital, marking the rapid growth of the altcoin sector. However, after the recent flash crash, analysts are finding more and more metrics to pay attention to in the context of the question: will altcoin dominance continue?
🪙#coinbase analysts point to one such metric in the form of an indicator of #Altcoin open interest dominance, emphasizing the importance of holding the 1.4 level, as anything below is considered a “Danger Zone.”
However, analysts do not directly state that the failure to hold above this level will immediately mark the beginning of “BTC Season,” only that it will increase the impact of macroeconomic factors and global liquidity movements in the system.
📌 In my subjective opinion, taking into account other technical metrics, I would not expect similar dynamics of altcoins in the near future, as in the summer and early fall, because I think that first $BTC
should restore confidence, after which alternative coins will begin to grow sectorally.
💠 When that next wave of altcoin growth begins, strong ecosystems like $TON could take the lead — and #STONfi (#ston ) , the top DEX on $TON , is already proving it. Efficient swaps, deep liquidity, and smooth UX — that’s the kind of infrastructure that drives the next #defi cycle !