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Is the altcoin season upon us? Controversy arises
Since the formal ceasefire between Iran and Israel, Bitcoin prices have quickly rebounded, and market sentiment has warmed up, leading to market debates about whether the 'altcoin season' has arrived. The views of both bulls and bears are as follows:
Optimists believe the altcoin season may be approaching: From historical experience, whenever Bitcoin's market share peaks and then declines, the altcoin season often arrives quietly. Currently, Bitcoin's market share is nearing 66%, and if it breaks through 70% and reaches a turning point, it could trigger a comprehensive explosion of altcoins. Additionally, Ethereum and some altcoins (such as SOL) have recently performed strongly, with the possibility of testing price highs, and some strong altcoins like AAVE are worth watching, suggesting potential structural trends that have led some to expect the arrival of the altcoin season.
Cautious individuals believe the altcoin season has not yet arrived: The current market liquidity remains fragile, trading volumes continue to decline, and market funds are leaning conservative. At the same time, a large number of US stock tickers' pre-market activities have been bridged to the crypto market, which has drawn liquidity away from the crypto market, negatively impacting altcoin trends. Furthermore, many altcoins lack fundamental support, with a proliferation of 'air coins,' making it difficult to see a widespread rally. Therefore, the overall market believes that the altcoin season will not truly arrive in the short term, and the current trend is still dominated by Bitcoin, with the market structure leaning towards defense.
Since the formal ceasefire between Iran and Israel, Bitcoin prices have quickly rebounded, and market sentiment has warmed up, leading to market debates about whether the 'altcoin season' has arrived. The views of both bulls and bears are as follows:
Optimists believe the altcoin season may be approaching: From historical experience, whenever Bitcoin's market share peaks and then declines, the altcoin season often arrives quietly. Currently, Bitcoin's market share is nearing 66%, and if it breaks through 70% and reaches a turning point, it could trigger a comprehensive explosion of altcoins. Additionally, Ethereum and some altcoins (such as SOL) have recently performed strongly, with the possibility of testing price highs, and some strong altcoins like AAVE are worth watching, suggesting potential structural trends that have led some to expect the arrival of the altcoin season.
Cautious individuals believe the altcoin season has not yet arrived: The current market liquidity remains fragile, trading volumes continue to decline, and market funds are leaning conservative. At the same time, a large number of US stock tickers' pre-market activities have been bridged to the crypto market, which has drawn liquidity away from the crypto market, negatively impacting altcoin trends. Furthermore, many altcoins lack fundamental support, with a proliferation of 'air coins,' making it difficult to see a widespread rally. Therefore, the overall market believes that the altcoin season will not truly arrive in the short term, and the current trend is still dominated by Bitcoin, with the market structure leaning towards defense.
Respect
CZ has always played a dual role as both teacher and friend to Sun Yuchen
Both are leading figures in the cryptocurrency space, and outstanding individuals resonate on the same frequency and attract each other. The two of them utilize their abilities in different fields to continuously push the cryptocurrency industry to new heights. Respect！
$BTC #内容挖矿
Both are leading figures in the cryptocurrency space, and outstanding individuals resonate on the same frequency and attract each other. The two of them utilize their abilities in different fields to continuously push the cryptocurrency industry to new heights. Respect！
$BTC #内容挖矿
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Listen to the sound of the sea crying
#币安Alpha上新 $BTC
Listen to the sound of the sea crying
#币安Alpha上新 $BTC
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Alpha Forever
Alpha airdropped 50U today
Tomorrow leftover food will be available for $#币安Alpha上新
Tomorrow leftover food will be available for $#币安Alpha上新
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Can you??
$ETH Red Packet 🧧 is here!
What is the recent direction of ETH? Is it going to continue rising or falling? What do you think? Feel free to discuss in the comments.
Keep a close eye on ETH's performance at $3000; if it holds, the altcoin bull market will be unleashed, but if it doesn't hold, be cautious of a short-term pullback.
⚠️ If the weekly close is above $3000, the next target will be $3100-3200.
Do not chase highs and sell lows, friends!! #ETH突破3000
What is the recent direction of ETH? Is it going to continue rising or falling? What do you think? Feel free to discuss in the comments.
Keep a close eye on ETH's performance at $3000; if it holds, the altcoin bull market will be unleashed, but if it doesn't hold, be cautious of a short-term pullback.
⚠️ If the weekly close is above $3000, the next target will be $3100-3200.
Do not chase highs and sell lows, friends!! #ETH突破3000
Happy8thAnniversary
#BinanceTurns8 🎉
Happy 8th Anniversary, Binance ! 💚
Here's to many more years of pushing boundaries in blockchain ! 🚀
Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_JYQEC
Happy 8th Anniversary, Binance ! 💚
Here's to many more years of pushing boundaries in blockchain ! 🚀
Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_JYQEC
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