Altcoins will explode in early 2025: 'The grand finale is coming soon'
As the new year approaches, altcoins in 2025 will be 'very bullish.' The industry is expected to explode soon and open the long-awaited 'altcoin season' after retesting key support levels.
Altcoins are retesting key support levels.
In recent market performances, many altcoins have struggled to achieve significant gains. However, some market observers predict that altcoins will begin to rise as early as January 2025.
Driven by the rise of the cryptocurrency market after the U.S. elections, the total market value of cryptocurrencies other than Bitcoin and Ethereum broke a three-year downward trend in mid-November, surpassing the annual high of $788 billion. During this month's rebound, the cryptocurrency industry soared to $1.1 trillion, marking the highest market value since 2021.