Saturday, March 15, 2025
HomeCryptoWill the cryptography market crash before the next Altcoin season? Experts weigh

Will the cryptography market crash before the next Altcoin season? Experts weigh

Crypto traders look forward to the next Altcoin season, but before it occurs, the market could see a major correction. The market is not in favor of altcoins and, any analyst has predicted that the Altcoin season is delayed due to several factors as less retail interest, frenzy and frenzy Trump’s pricing war. Currently, altcoins outside the top 10 are in difficulty, their total market capitalization reaching a three -month 277 billion dollars, by tradingView. It is a lowered drop of 77% compared to their peak of $ 492 billion in November 2021.

By looking at the current scenario, the crypto analyst he capo, said That altcoins can drop from 20% to 40% before the start of the real rally, with memes parts confronted with even greater losses.

A strong correction before the Alts-season?

He capo thinks that the market is not yet ready for a full -fledged Altcoin rally. Based on its analysis, Bitcoin could have a decrease from 15% to 20%, targeting levels from about $ 80,000 to $ 85,000. Altcoins, however, should suffer more, with stronger projects correcting from 20% to 30% and the weakest diving from 30% to 40%.

CornersKnown for their extreme volatility, could see losses as deep as 50% to 60%. For example, recently, a merchant won $ 28 million on February 14 by exchanging the “Broccoli ”samecoinInspired by the CZ dog. Speculation suggests the initiate’s offense, exposing the risky nature of the same. Analyst Nicolai SONDERGAARD ​​notes that altcoins see mixed performances, certain sectors surpassing others. This speculation and excitation coins like Trump create a problem for established parts.

Despite the merchants hoping for a smooth driving, Capo warns that the markets do not move according to expectations – they follow their cycle. Although painful, this shaken could be a necessary step before the market enters the next explosive phase.

Do you have a hope for Alts-Season?

Historical data suggest that Altcoin seasons generally start about 6 to 9 months after Bitcoin reaches its peak. In 2017 and 2021, the main Altcoin rallies occurred after Bitcoin price Stabilized after milk. With the next Bitcoin in half set for April 2024, analysts expect a similar calendar: a strong bitcoin at the end of 2024, followed by a passage to altcoins at the beginning of 2025.

Bitcoin Dominance, which measures its share of total cryptography marketis another key indicator. When the domination of the BTC drops below 50%, it indicates that the capital moves in altcoins. Currently, the domination of the BTC is around 60.6%, which means that the transition has not yet started.

For Altcoins to take off, a few things have to line up. Bitcoin must first peak and enter a stabilization phase, allowing traders to run alternative funds. Ethereum is often the first to direct, so an eth / BTC overvoltage could indicate that the wider market is changing. The threshing media, especially around coins and emerging stories, will also play a role in driving higher prices.

While Raoul PalCEO of Real Vision said that Altcoin can take off as soon as the market is moving towards the “banana area”, which means that Altcoin can take lead. But he also warns that investors need patience because it may not be that fast.

Never miss a beat in the world of cryptography!

Stay in advance with the news, expert analysis and real -time updates on the latest Bitcoin, Altcoins, DEFI, NFTS, etc. trends

Source

Author

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular