⚡️ALTSEASON LOADING?
Altcoin market cap pumped 23% last week, marking its strongest weekly move in months.
It bounced from the 1000-day support and broke above the descending trendline.
But, Alts are still tightly coupled to Bitcoin.
BTC.D remains above 60%, favouring Bitcoin and high-cap coins. A real Alt season likely requires BTC.D to be below 58%.
Structure is improving, but the rotation isn’t confirmed yet.
Altcoin market cap pumped 23% last week, marking its strongest weekly move in months.
It bounced from the 1000-day support and broke above the descending trendline.
But, Alts are still tightly coupled to Bitcoin.
BTC.D remains above 60%, favouring Bitcoin and high-cap coins. A real Alt season likely requires BTC.D to be below 58%.
Structure is improving, but the rotation isn’t confirmed yet.
