The altcoin season is still far away, and some experts disagree.
But who is right?
I spent over 100 hours analyzing all the market data.
Hidden Messages from Whales
The market is currently approaching a critical level and many may feel like they are about to give up.
People sell in panic to cut their losses, hoping to buy back in at a lower price.
But is the situation really that bad?
$BTC almost doubled after the ETF was approved.
However, most people do not hold BTC, believing it to be too expensive.
Altcoins were weaker than BTC during this cycle and many began to lose hope.
This is exactly when 99% of you should buy.
GCR indicates we are still in a bull market, similar to summer 2020.
For those who missed it, the drop in the summer of 2020 was followed by parabolic growth for most altcoins over the next 6 months.
If history repeats itself, this could be your last chance to buy before the altcoin season.
In the local market, it may look like the cycle has ended, with the downbeat news:
Germany Sold $3 Billion Worth of BTC
BTC ETF outflows $900 million
ETH ETFs Won’t See Massive Inflows
But to make money in the crypto market, you have to manage emotions and avoid FUD (fear, uncertainty, doubt).
When the market is tough, it’s best to step back and see the bigger picture.
The current Altcoin Seasonal Index is at the level of November 2023, and since then many altcoins have grown 2-5 times.
Historically, this is the best time to accumulate altcoins.
It’s difficult to focus on potential catalysts during a prolonged market correction, but there are many:
ETH ETF approved
Trump's campaign centers on cryptocurrency
Biden administration shifts stance on cryptocurrencies
SEC withdraws lawsuit against Consensys
Ask yourself, if this news doesn’t make you bullish, what will?
Momentum can be tricky, and if you don’t have the same energy to tackle this game this time, that’s totally fine.
The market has been punishing you for months.
What should you do now?
Research the Market
Finding the most promising altcoins
Choose the top 5-10 and stock up
Hold on until BTC reaches mania highs — only then will altcoins really start to surge 10-100x.
Another way to look at the current stage of the market is to monitor the Global Net Liquidity Index.
This indicator brings together the assets of major central banks and Federal Reserve reserves.
Currently, global liquidity is in a state of consolidation, but the situation will change in Q3-Q4 2025 and Q1 2025.
In short, BTC dominates
It represents the percentage of BTC market cap to the total crypto market cap.
Since April, this dominance has formed a range between 53.9% and 57%.
Once the dominance starts declining and breaks below, it will be a good signal for the start of the altcoin season.