#altcoins #Altseason โ
๐ Altcoins Poised for a Major Comeback? ๐
After a brutal weekend crash wiped billions from the crypto market, traders are calling this a reset moment that could spark the next explosive altcoin rally! ๐ฅ
๐ Why the Optimism?
โข Historical Patterns: Analyst Bull Theory compares the crash to March 2020 & May 2021, where steep declines led to massive rebounds.
โข Altcoin Wipeout: Tokens like Solana, Dogecoin, Cardano, Chainlink, & XRP dropped 18-30% in 24hrs, but this could fuel a rotation into smaller-cap assets.
โข Technical Signals: A bullish MACD crossover on Bitcoinโs ratio chart vs. altcoins mirrors setups from the 2017 & 2021 surges.
โข Market Stabilization: Crypto market cap steadied after dipping below $4T, and Bitcoin dominance fell under 59%, hinting at capital flowing to alts.
๐ Whatโs Next? Traders like Ash Crypto predict altcoins could see 25x-100x gains, as seen post-2020. Is the third major altseason on the horizon? ๐