When will the altcoin market start?

The start of the altcoin market requires three aspects of preparation:

1. Positive volume and price signals

Before the upward trend starts, we need to see a switch in the strength of buying and selling. From the perspective of volume and price relationship, many altcoins have already begun to show such signals. Taking the leading coin $ORDI as an example, ORDI broke through the long-term supply line after Trump was elected, but from November 12 to 14, there was a continuous increase in volume and a decline, indicating that there were many floating stocks in the market at that time, and selling pressure was relatively strong. However, by November 20, the volume of the decline had明显减小, indicating that selling pressure had clearly weakened, and yesterday's rebound was obviously greater than the decline on the 20th, indicating that ORDI's buying pressure had begun to surpass selling pressure.

2. Large amounts of capital flowing into altcoins

In fact, after Trump was elected, the supply of stablecoins has been steadily increasing, with an increase of over $13 billion from November 6 to now. However, during Bitcoin's continuous strong rise, liquidity mainly flowed into Bitcoin, while the inflow into the altcoin market was minimal.

Bitcoin's correction may be the opportunity for funds to flow into altcoins.

Currently, Bitcoin has shown clear short-term overbought signals: daily volume and price divergence + RSI top divergence, and after breaking 100,000, there is a high probability of a significant correction (possibly more than 15%).

Additionally, although Bitcoin's market share has continuously reached new highs, it has also shown RSI top divergence twice in a row, indicating clear topping signals. Therefore, it is highly likely to decline in the future, while the altcoin market will relatively strengthen.

This significant correction has dual significance for the altcoin market. On one hand, LTH will take the opportunity to distribute a large amount, releasing more liquidity; on the other hand, the relative strength of altcoins will attract these funds to flow into the altcoin market.

3. Market sentiment

This week, ETH/BTC has shown the first weekly RSI bottom divergence in more than five years, which is a clear bottom reversal signal. In the next few weeks, ETH/BTC is likely to experience a significant rebound, and accordingly, 87656610920 will strongly rise, breaking through the March high.

With the strong rise of $ETH, the altcoin market will also start.

Therefore, the altcoin market is very likely to explode after a significant correction in Bitcoin (probably within two to three weeks). Now is just the darkness before dawn; as long as we endure, we will迎来收获的季节.