📈 Will there be alt season? When will the general rise start? Focus on these four indexes! 🌟

Some brothers asked me if there will be alt season? My answer is yes. As for when it will come? We can refer to some key indexes from multiple dimensions:

1️⃣ ETH exchange rate (Figure 1):

BTC has been strong, while ETH has been weak. From the weekly chart, ETH has fallen below a key support level. The good news of ETH ETF has been realized, and Grayscale's handling fees are expensive, and Grayscale is actually selling.

2️⃣ BTC.D Bitcoin market share (Figure 2):

Pay attention to the 57%~58% area to see if there is a peak signal. In the later period, BTC's market share will fall, and funds will also flow into other currencies.

3️⃣ USDT.D stablecoin market share (Figure 3):

The change in the proportion of stablecoins in the market reflects market sentiment. When the market is generally rising, this index will fall; when the market is generally falling, this index will rise. If everyone holds USDT and is unwilling to buy other currencies, it means that the market is not optimistic about the future market, and the proportion of USDT.D will strengthen. On the contrary, if USDT flows into various currencies, the proportion of USDT.D will weaken. If it can break this trend line in the later stage, the market will go better.

4️⃣ TOTAL3 The market value of all altcoins except BTC and ETH (Figure 4):

As can be seen from the figure, altcoins experienced a bloody market in April and June, and fell below a key support in July, and now it has closed again. Altcoins are slowly recovering. #以太坊 #股市动态 #ETH #BTC #storj $CTK $XNO $WIN