The strict definition of 'altcoin season' is far from here.
Although many altcoins, such as #CRV, #RAY, DOT, XLM, etc., have doubled or even increased exponentially recently, this is merely a point explosion, not a true 'altcoin season.'
The strict definition of the altcoin season requires a comprehensive and systematic change in market structure, which has not yet reached that stage.
Only when the BTC market share (BTC.D) falls below the EMA moving average and the moving average shows a clear turn (downwards) can we confirm that the 'altcoin season' has truly arrived.
Don't be confused by a few candlesticks; manage your risk well, the main event hasn't even started.
Manage your risk well and survive until the big market.
When the market is generally rising, the right way is to quickly filter high-odds targets and look for buying opportunities in the direction of the trend.
Those who are afraid of heights can't follow trends; there are short-term opportunities everywhere.
It hasn't dropped yet, and you're already rushing to shout 'drop' and clamoring to short; that's purely amateur. The market may drop tomorrow. So why not follow the trend and short when it actually drops?
Being addicted to prediction markets is a disease that needs treatment.
The crypto strategist known as 'master trader' on the digital asset exchange Bybit believes in 3 coins with returns of 10-100 times!
1.DOGE
Dogecoin (DOGE) looks set to welcome a new round of increases after gaining support at about $0.36.
“You haven't gotten tired of DOGE and left to chase the latest and greatest, have you?
In my opinion, things will become interesting again.”
At the time of writing, the trading price of DOGE is $0.432, which has increased by 3.45% in the past 24 hours.
2.PEPE
When talking about the similar memecoin Pepe (PEPE), Bluntz believes that this altcoin has resumed a bullish mode after breaking the diagonal resistance.
“The downward trend line of PEPE has officially been broken.”
At the time of writing, PEPE is valued at $0.0000209, up 2.7% from the previous day.
3.JUP
As for the native asset of the decentralized exchange (DEX) aggregator Jupiter (JUP) based on Solana (SOL), crypto strategists believe that after breaking the diagonal resistance, altcoins are expected to rise.
“JUP is about to explode; this year’s Christmas gathering will be very lively.”
At the time of writing, the trading price of JUP is $1.14, which has slightly decreased in the past 24 hours.
