๐ Altcoin Breakout Brewing โ Market Dynamics Shifting Fast
Bitcoin stole the spotlight this week, hitting a fresh ATH of $124,100, while Ethereum surged to $4,800 and Solana neared its highs. But the real story? Altcoins may just be warming up. ๐ฅ
๐ On-Chain Signals Point to Altseason:
Stablecoin Supply ATH โ ERC20 stablecoins now total $128.7B, fueling fresh liquidity for altcoin buying.
Active Addresses Surge โ Stablecoin active wallets surpassed 250K, a classic pre-bull market signal.
Binance Netflows โ Over $67M inflows multiple times recently, strengthening buying power.
BTC Dominance Rejected โ Historical rejections here often trigger capital rotation into altcoins.
๐ก If ETH can break through its cycle resistance and BTC.D continues to slide, a full-blown altseason breakout could be next.
๐ Despite a slight 1% dip in the past 24H, the altcoin market cap sits at $1.57T, up over 5% in a week.
โก Eyes on Ethereum โ this move could be the catalyst for the next major altcoin rally.
