When Will #Altseason Start?
Every Altseason needs 3 things ๐
1) Surplus liquidity
This happens when the Fed injects liquidity and cuts interest rates.
This makes the environment for risk-on assets like alts.
2) Retail presence
Altseason is full of hopium and crazy gains.
For that, retail involvement is needed because most of them invest to get rich quick.
3) BTC consolidation
When BTC goes sideways, alts pump.
When BTC pumps, it takes all the liquidity from alts.
Right now, BTC is consolidating, and retail presence is there, but surplus liquidity is missing.
The Fed is expected to start rate cuts in Q3, and it'll bring the liquidity factor.
This is when Altseason will start.
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