Basically, now no major tech company trusts altcoins, so what is there for the price to increase?
DYLAN VO
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The current market is behaving very similarly to 2021, when a familiar cycle took place: Pump -> Shakeout -> Altcoins Explode.
At the moment, we are in the Shakeout phase. This is when the market undergoes a strong purification, eliminating weak investors. This sets the stage for a major growth phase ahead. BTC Dominance (BTC.D) is a clear demonstration of this trend.
Currently, BTC.D has dropped to 55%, breaking the previous structure - a typical sign of a trend reversal. It is expected that this ratio may increase slightly to 58% before turning sharply down. History has shown that every time BTC.D drops deeply, the altcoin market often experiences a strong explosion. Do you remember the period when BTC.D dropped from 62% to 55%? That is when altcoins grow like crazy, bringing huge profits to investors.
When the Altseason really starts, altcoin prices will not only grow strongly but also quickly exceed expectations. This is the opportunity that many investors have been waiting for. In this context, those who hold altcoins and are patient with a long-term strategy can reap impressive profits.
Overall, the market is going through a Shakeout phase - a necessary transition to prepare #BTCNextMove $BTC
Stupid people spend all day watching the semi-crazy, making many people think haha
DYLAN VO
--
The current market is behaving very similarly to 2021, when a familiar cycle took place: Pump -> Shakeout -> Altcoins Explode.
At the moment, we are in the Shakeout phase. This is when the market undergoes a strong purification, eliminating weak investors. This sets the stage for a major growth phase ahead. BTC Dominance (BTC.D) is a clear demonstration of this trend.
Currently, BTC.D has dropped to 55%, breaking the previous structure - a typical sign of a trend reversal. It is expected that this ratio may increase slightly to 58% before turning sharply down. History has shown that every time BTC.D drops deeply, the altcoin market often experiences a strong explosion. Do you remember the period when BTC.D dropped from 62% to 55%? That is when altcoins grow like crazy, bringing huge profits to investors.
When the Altseason really starts, altcoin prices will not only grow strongly but also quickly exceed expectations. This is the opportunity that many investors have been waiting for. In this context, those who hold altcoins and are patient with a long-term strategy can reap impressive profits.
Overall, the market is going through a Shakeout phase - a necessary transition to prepare #BTCNextMove $BTC