🚨 When Will the Next Altseason Hit? 🚀
Here’s a breakdown of the phases to watch for in the altcoin market:
PHASE 1: Pre-Halving Rally
Altcoins typically start to rally just before the halving event. This is where you see the initial surge.
PHASE 2: The Pause
After the pre-halving rally, we enter a pullback phase. Altcoins often dip here, but once they break previous peaks, the next phase begins.
PARABOLIC 1: First Parabolic Move
This phase shows explosive growth. Altcoins can experience 2x-5x gains in a short period, making this a crucial rally to watch.
PULLBACK: Short Relief
Following the first parabolic move, there's a brief pullback. This serves as a reset and sets the stage for the next rally.
PARABOLIC 2: Secondary Rally
The second parabolic phase offers additional gains, though not as strong as the first. It's your final opportunity to take profits if you haven’t already.
Current Position?
We’re still in PHASE 2, meaning there’s room to add more altcoins to your portfolio before the next parabolic phase kicks in.
When’s Altseason?
While it's hard to pinpoint an exact date, based on historical patterns, we can expect altseason to ramp up around November to December 2024.
Stay Informed
Hit like and follow @mende for future reference.
Drop your fav altcoin that you’re eyeing for the upcoming rally—I’ll be checking out your picks!