Why hasn't the altcoin season arrived yet?
Bitcoin's siphoning effect: Large funds are still focused on BTC, suppressing the altcoin market;
Market sentiment is cautious: Players are more inclined to hold mainstream coins for risk aversion under high volatility;
Moving averages are clearly suppressed: The short-term trend has not broken through long-term resistance, lacking upward catalysts.
What should players do?
Keep an eye on moving average crossover signals: If the 7-day moving average crosses back above the 30-day moving average, it may be a precursor to a rally;
Be patient: Historical data shows that altcoin seasons often lag behind Bitcoin bull markets, waiting for capital rotation;
Invest in batches: Avoid blindly chasing highs, prioritize targets with strong downside protection and ecological support.
Remember, the market never lacks opportunities, it lacks patience. When the next 'golden cross' appears, are you ready?
Successfully recoup your investment and double your account. Stay close to Jidong, position yourself early, and enjoy the big gains!!!
Keep following: SKATE MEMEFI
