I understand your frustration, bro. What we expected as a strong "altseason" has not fully arrived, although there have been good moves in $BTC and some alts. Let's analyze it with a cool head.
What's happening with altcoins?
BTC continues to dominate
Institutional money has come in strong to BTC thanks to spot ETFs, but that capital has not yet trickled down to alts.
Historically, altcoins take off when BTC consolidates or starts to lateralize after a big rally.
Halving cycle
The BTC halving in April 2024 could be the missing catalyst for altcoins to take off, but it usually takes a few months after the event for that to reflect in the market.
Typically, the biggest rallies in altcoins occur 6 to 12 months after the halving.
Macroeconomic conditions
The Federal Reserve of the U.S. has not yet lowered interest rates, which keeps pressure on the markets.
If rate cuts start this year, we could see more liquidity entering crypto, benefiting alts.
What do the charts say?
The alt market has corrected quite a bit, which could mean accumulation before a bullish move.
However, for alts to explode, BTC must stabilize and allow capital to flow into them.
My realistic advice
Strategic patience: 2024 could still bring good returns, but major explosions in altcoins might take until 2025.
Intelligent diversification: If you're heavily loaded in alts, it might be wise to review your allocation and consider some BTC or ETH to protect capital.
Stay alert for key signals:
BTC dominance decreasing = possible altseason.
Interest rates decreasing = more liquidity for crypto.
Capital rotation from BTC to alts (when BTC is stable or in slight correction).
Don't trade with emotions: Stick to your investment plan and adjust according to the context. The best opportunities come when you least expect them.
#BTCNextATH? #AICrashOrComeback #altcoins #AltSeasonComing #DYOR