🚀 ALTS: A Brutal Altcoin Season is About to Begin! 🚀
The altcoin market cap has just hit its 200-week MA, right at the bottom of a 2.5-year bullish channel.
This marks a -57.89% drop from the last peak—exactly the same correction that formed the bottoms on August 5, 2024, and December 26, 2022.
📉 The 1-week RSI is also approaching its 2-year support level.
🔮 What’s next?
📈 If bullish waves are as symmetrical as bearish ones, we could see a rapid surge / ALTSEASON to 575B (+199.05%)!
🔥 If the market structure mirrors the June 2023 – March 2024 rally, we might witness an even more explosive move towards the Fibonacci 2.0 extension at 865B!
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