๐จ Altcoin Season Incoming? ๐จ
The market is starting to show some exciting signals! ๐
Both TOTAL2 (Altcoin Market Cap) and BTC.D (Bitcoin Dominance) have hit two consecutive imbalances on the H4 timeframe. This is a strong indication that we might be getting closer to the much-anticipated Altcoin Season! ๐
๐ Here's why this matters:
1๏ธโฃ Imbalances often mark inefficiencies in price, and their formation can signal upcoming market shifts.
2๏ธโฃ TOTAL2's repeated imbalance suggests growing interest in altcoins.
3๏ธโฃ BTC.D's imbalance hints at Bitcoin dominance potentially weakening, paving the way for altcoins to gain traction.
๐ Keep an eye on the charts, as this could be the perfect setup for altcoins to shine. Are you ready?
Let us know your thoughts below! ๐ฌ
