The strict sense of the "altcoin season" has not yet arrived.
Although many altcoins recently, such as #CRV, #RAY, DOT, XLM, have doubled or even increased exponentially, this is just a sporadic explosion, not a true "altcoin season."
In the strict sense, the altcoin season requires a comprehensive and systematic change in market structure, which is far from being reached at this 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 misled by a few candlesticks; manage your risk well, the main event hasn't started yet.
Manage your risk well to survive the major market movements.
When the market is rallying, it's important to quickly sift through high-odds targets and look for opportunities to go long accordingly.
Fear of heights cannot make a trend; there are short-term opportunities everywhere.
If it hasn't fallen yet, being eager to shout 'it will fall' and clamoring to short is simply foolish. The market may drop tomorrow. If it really drops, wouldn’t it be better to follow the trend and short then?
Addiction to predicting the market is a sickness that needs curing.
The crypto strategist known as the "master trader" on the digital asset exchange Bybit believes in three coins that can yield 10-100 times returns!
1. DOGE
Dogecoin (DOGE) looks set for a new round of increases after gaining support around $0.36.
"You aren't getting tired of DOGE and leaving to chase the latest and greatest, are you?"
In my opinion, things will become interesting again.
At the time of writing, DOGE is trading at $0.432, up 3.45% in the past 24 hours.
2. PEPE
Speaking of the meme coin Pepe (PEPE), Bluntz believes that this altcoin has resumed a bullish pattern after breaking the diagonal resistance level.
"The PEPE downward trend line 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 level, altcoins are likely to rise.
"JUP will explode, this year's Christmas gathering will be very lively."
At the time of writing, JUP is trading at $1.14, slightly down in the past 24 hours.
