#MarketRebound New Year Crypto Market Report: BTC Correction Concludes, Alt Season Looms
The cryptocurrency market is entering a pivotal phase, with Bitcoin (#BTC) nearing the end of its correction. After a strong rally earlier, BTC looks set to move sideways for a few weeks, paving the way for notable shifts in market trends.
A key signal of this change is the decline in BTC dominance, often heralding the start of an altcoin season where altcoins outperform Bitcoin. This presents an ideal opportunity for investors to accumulate promising altcoins at favorable prices.
Mid-January Predictions: Large Caps to Lead
Starting mid-January, large-cap altcoins like Ethereum (#ETH), Solana (#SOL), Binance Coin (#BNB), and #XRP are expected to outpace BTC. These established coins are likely to lead the alt season, driven by robust fundamentals and adoption.
Key Accumulation Levels
- Ethereum (ETH): Under $3,250
- Bitcoin (BTC): $90,000–$92,000
- Binance Coin (BNB): Under $690
- Solana (SOL): Under $190
- XRP: Under $2.10
Long orders have been placed at these levels in preparation for the anticipated rally.
Final Thoughts
As the market evolves, reassess price movements and remain cautious. Volatility can shift trends rapidly.
**Disclaimer:** For educational purposes only; not financial advice (NFA).
