Why could the altcoin season be just around the corner?
The market has been bad for months. Almost no one is making a profit. But I am preparing for a period where altcoins can average 8-10x, and strong projects can do 40-50x. Why?
Because:
• Dominance is very high. Historically, when it has reached these levels, significant altcoin explosions have occurred afterwards.
• Ethereum Dominance has reached the point where the 2020 bull market started. This area is always a breaking point.
• The US economy is under serious threat. Even if the FED doesn't print money, pressure on Powell is increasing. The possibility of him being removed from office is even being discussed.