Many are asking why #bitcoin is soaring while altcoins lag behind and when the long-awaited #altseason will begin. The answer lies in market patterns: altcoin capitalization recently hit a strong resistance level and got rejected, while #bitcoin continues its rise.
For #altseason to begin, we first need this pattern to break, followed by a retest. This could happen end December or early January.
Bitcoin dominance (BTC.D) is at resistance (62%-63%) and could squeeze slightly higher, but in my opinion it’s unlikely to go much further without going down.
What You Should Do Now:
Hold: If you’ve fully invested, don’t panic—shakeouts and squeezes are part of the game.
DCA Down: Gradually buy during dips to lower your average entry price, but only invest funds you can afford to hold long-term.
Be Patient: Altcoins are waiting for their turn. When Bitcoin stabilizes, funds often rotate into alts.
Hedge: If you’re at risk of liquidation on futures, consider hedging to protect your position.
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#altseason is coming, stay strong!
