🤔 What is missing for there to be a #Altseason , a season of higher returns in cryptocurrencies than #bitcoin ?
🧐 One of the necessary steps, according to the historical pattern that preceded each altseason, is that #Ethereum gains momentum.
📈 #ETH rose last week three times more than BTC, which improves the chances of an altseason, although market parameters are still far from the typical of this phenomenon.
Even though the shorts tried, Bitcoin did not end up falling and continues to range around ~96k.
Currently, it seems that those shorts have withdrawn from the market and the SPOT is still not appearing, so we will remain ranging at least until Monday.
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