Cryptocurrency Market News: A Final Dip Before the Altcoin Season Explosion, Analyst Forecast

The cryptocurrency market may be preparing for a final dip before prices take off. Analysts are closely watching Bitcoin and altcoins, with signals pointing to a big rally just around the corner.

At this moment, Bitcoin is holding strong, and the chances of it falling back to $75,000 seem slim. The market appears much stronger than before, and most people are still not overly excited — which is usually a good sign for further growth.

Altcoins may dip slightly before exploding

Altcoins have already seen a small drop of about 14%, but history shows that they sometimes dip a bit more before shooting up high. According to an expert, a quick correction of 10 to 20% could happen soon, but after that, significant increases in altcoins are expected.

The good news? This drop will not be as severe as those we have seen in the past. There is a lot of money waiting, ready to come in. This extra money can help push prices up more quickly as soon as the market recovers.

Using historical fractals and timing analysis, the analyst said that altcoins typically experience a final dip before soaring in the big leg of a bull cycle. Making comparisons with market behavior from September 2024, he noted that the altcoin index had previously fallen 18% before recording a 43% rally.

"This time, the altcoin index has already dropped about 14%, suggesting that there will likely be another 10 to 20% drop for altcoins before we enter a sustained upward trend," he explained.