Is the altcoin season coming to an end? Or is it the calm before the storm?
Bitcoin briefly dropped to 112,000, triggering a chain reaction in the market.
Solana fell 9.45% over the week.
XRP pulled back by 5.48%.
DOGE dropped by as much as 10.80%.
Altcoins are under significant pressure.
The OTHERS index (excluding the top 10 market cap tokens) has fallen 18.7% in the last 10 days, with market risk appetite rapidly cooling and a clear trend of funds flowing back into BTC.
But is this really the end for altcoins?
The current trend resembles a severe reshuffling, with short-term capital exiting causing selling pressure, but many high-potential projects are building momentum from a cyclical perspective.
The Altseason index has dropped from 55 to 40, shifting towards a “Bitcoin season.”
ETFs and macro liquidity will determine the second wave of opportunities for altcoins.
The window for altcoin positioning may slowly be opening.
Lingmo, a focus on the combination of fundamentals and technicals with real-time strategies @加密凌墨
