#AlcoinRevolution2028
ALTCOINS
As the crypto market rises, altcoins begin to gain strength
Rekt Capital's analysis aligns with the expectations of investors who eagerly anticipate the arrival of altcoin season. The relatively small pullback from the resistance level of 425 billion dollars strengthens the argument that this altcoin season could develop better than in the previous two cycles.
Cryptocurrency analysts like Rekt Capital fervently anticipate that an altcoin season will come into play, where profits in Bitcoin begin to shift to altcoins and the altcoin market outperforms Bitcoin.
In another analysis, Rekt Capital noted a recent rejection of Bitcoin dominance around 64%. However, it did observe that history shows that rejections around 64% are mostly temporary, and the actual rejection is around 71%. When Bitcoin dominance reaches here, a repeat of history could lead to a harsh rejection in an altcoin season that defines the cycle.
For now, Bitcoin dominance remains strong and an all-out altcoin season has not yet materialized. Analysts like Benjamin Cowen suggest that the anticipated altcoin season may be on pause, with Bitcoin continuing to absorb most of the market liquidity. Until dominance shows a clearer reversal, altcoin investors should wait a little longer as situations unfold regarding this as we mentioned before...
In simple representation it is like this
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