🚀 Altcoin Market Poised for Take-Off? 🚀
- Crypto analysts suggest the recent downturn in altcoins might be a "relative momentum bottom," hinting at a potential rally.
- The Crypto Top 200 Equal Weight Index hit a low of 10%, historically a sign of an impending altcoin surge.
- Daily active user (DAU) count is up 97% YTD, indicating growing blockchain activity.
- Popular analyst Moustache believes some altcoins are ready for "round 2," especially with the upcoming Ethereum ETFs.
- However, Bitcoin dominance remains high at 54%, suggesting it's still BTC season.
Stay tuned, crypto enthusiasts! 🌐