🚀 Altcoin Season Incoming? 🚀
Crypto traders are buzzing about potential "up-only" vibes in the market! 🐂 Pseudonymous analyst Moustache spotted a bullish inverse head-and-shoulders (IH&S) pattern on the Altcoin Season Index, hinting at a possible altcoin rally.
- The IH&S pattern suggests Bitcoin's dominance might be slipping, paving the way for altcoins to shine.
- Stochastic RSI also shows a bullish crossover, signaling a major altcoin rally could be near.
TOTAL3, the market cap excluding BTC and ETH, has been on the rise since Sept. 6, showing a 19% increase. If this trend continues, we might just be on the brink of the long-awaited altseason!
What do you think? Share your thoughts in the comments! 💬