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Crypto enthusiasts are eagerly awaiting the next altcoin season, with top analysts sharing their perspectives on when it might commence and which indicators to monitor. According to various experts:
Miles Deutscher suggests that despite Bitcoin's recent all-time highs and meme coin popularity, altcoins are currently underperforming. Key metrics like the OTHERS/BTC ratio and altcoin prices remaining significantly below previous highs indicate this.
On the other hand, Layah Heilpern sees bullish signs, highlighting endorsements from prominent figures and recent ETF approvals for Bitcoin and Ethereum as positive market drivers.
Ki Young Ju and Mister Crypto identify early signs of a potential altcoin season, particularly emphasizing Ethereum's rising MVRV ratio and its historical influence on the broader altcoin market.
Meanwhile, analysts like Michaรซl van de Poppe and Rekt Finance pinpoint specific altcoins like Chainlink and Polkadot as potential leaders in the upcoming market cycle.
Overall, while opinions vary on the exact timing, there is consensus among experts that altcoin season could be approaching.#CryptoPCEWatch #MtGoxJulyRepayments #CryptoTradingGuide #BinanceTournament #Megadrop
