Many analysts see signs that the anticipated 'altseason' (altcoin season) could be near, but the real one has not yet begun 🎉.
Currently, Bitcoin dominates the market with over 60% and the 'thermometer' of altcoins is only 24 out of 100; for the altcoins to explode 💥, that indicator must exceed 75. When Bitcoin loses some prominence and its dominance decreases, capital could flow into other cryptos, boosting their prices.
Ethereum is also showing patterns that could pull other altcoins up. If the total market cap of altcoins exceeds a trillion dollars, we could see significant rises. 🚀
So stay alert, because the opportunity could be about to arrive. Don't fall asleep and keep an eye on the market movement so you don't miss the next big rise! 🧐