cycle has historically followed a pattern of Crash โ Dead Zone โ Quiet Recovery โ EXPLOSIVE Q4 Pump, and we're currently in the sweet spot. ๐ฐ๏ธ
*Altcoin Season Index:*
- Current reading: 41 (signals a potential shift away from Bitcoin dominance)
- Threshold for altseason: 75 (when 75% of top altcoins outperform Bitcoin)
*Market Analysis:*
- Altcoin market cap nearing all-time highs ($1.63 trillion)
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- ETH/BTC ratio at 0.03878 (target for altseason: > 0.07)
*What to Do:*
- *Pick quality altcoins:* Focus on L1s, strong narratives, and undervalued lowcaps
- *Scale in:* Before Q4 kicks off, set targets, and don't get greedy
- *Track TOTAL3:* Altcoin market cap excluding BTC & ETH, a real altseason signal
*Potential Risks:*
- Extreme volatility
- Pump-and-dump schemes
- Market manipulation
*Stay Informed:*
Keep an eye on altcoin market trends, Bitcoin dominance, and the Altcoin Season Index. ๐ #Altseason #CryptoMarket #Altcoins #BitcoinDominance #Blockchain