HUGE $2 BILLION LIQUIDATION: ALTCOIN SEASON COMING SOON? šØš
On Monday, the crypto market witnessed the largest liquidation event in history, destroying over $2 billion in positions. While some analysts predict an altcoin season in February, others suggest it might take until April for a full recovery. Despite recent recovery signs following a trade agreement with Canada and Mexico, analysts remain cautious. Mathew Hyland and CryptoCon caution that the market may need more time to recover, with altcoins facing significant damage. However, some believe February marks the beginning of the altcoin rally. Bitcoin remains strong, with support levels around $91,000.
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