🚨 Altseason: has it started or is it still a fairy tale for the hamsters?
We are already at the finish line of the growth cycle. It makes sense to wait for the final push of the alts, so the crowd enters at the highs, while the whales exit with champagne in hand.
💣 Why altseason is already happening:
1️⃣ The alt cap (excluding $BTC and $ETH) has broken the medium-term trend line and MA200d. Plus, it has consolidated. +60 billion $ immediately, peaking at +90 billion $. For illiquid assets - this is a shot at point-blank range.
2️⃣ Alt dominance has been under the channel for three months - the crowd was panicking and selling at a loss. But the chart didn't collapse; instead, it stood firm. Bullish wedge + divergence = bearish trap revealed.
3️⃣ The altseason index is still at the bottom. This means there is upside. And yes - when it shows the start, it will be too late to buy.
4️⃣ BTC correction? Alts are standing strong like a tank. Money is flowing into alts - this is not fantasy, it's mathematics.
5️⃣ Everyone has lost faith. But historically, it is precisely at the bottom of apathy that altseason starts.
🛡 Many coins have already broken MA200d and tested from above.
🚀 Historically, this has always ended with an impulse.
📌 Conclusion:
Altseason is on. But it will be quick (1-2 months) and without cosmic targets. Those expecting X100 will wake up with Xs in their deposits.
#Altseason #CryptoPulse #NoFomo
