#ConfianzaDelMercadoHoy

🚀 Bitcoin dominance rallies as altcoins enter accumulation zone! 🌕

Over the past three months, altcoins have seen a significant decline, entering what traders call the “reaccumulation stage.” This phase is characterized by low prices and relative stability, giving investors an opportunity to buy in anticipation of a future rise.

Altcoins in Accumulation: A Golden Opportunity? 📈

According to trader Mags, altcoins are up 58% since breaking a long period of accumulation, suggesting there is still room for an upward move. The TOTAL2 index, which excludes Bitcoin from the total market capitalization, has fallen 33% since March, indicating that the altcoin market has bottomed.

Bitcoin Dominates: A Respite for Altcoins? 🟠

Meanwhile, Bitcoin dominance has reached its highest point in years, currently at 56.56%, indicating a shift of capital from altcoins to Bitcoin. With the price of Bitcoin up 6% over the past three months, some experts, such as YouTuber Crypto Rover, suggest that now is the ideal time to “stack into” altcoins ahead of the next wave of growth.

What's Next for Altcoins? 🚀 $BTC $WLD

Trader Jelle highlights that TOTAL3, which excludes Bitcoin and Ether, has regained a key support zone between USD 600,000 and USD 625,000 million. This recovery, along with consolidation of support, could mark the beginning of the “second stage” of the market cycle for altcoins.

The most exciting time of the altcoin cycle is just around the corner! Don't miss the opportunity to be prepared for the next rally.

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