🚨 ALTSEASON LOADING? 👀
The altcoin market cap just had its strongest weekly move in months, pumping around 23%. 📈
🔥 It bounced from the 1,000-day support
🔥 Broke above the descending trendline
🔥 Market structure is starting to improve
BUT there’s still one major obstacle. ⚠️
$BTC Dominance remains above 60%, meaning Bitcoin and large-cap coins are still attracting most of the capital.
For a stronger altseason confirmation, we likely need $BTC to break below 58% and see capital rotate into altcoins.
📊 Structure is improving.
🔄 Rotation is not confirmed yet.
The next few weeks could be very interesting. 👀
#Altseason #altcoins #BTC #BTCdominance
The altcoin market cap just had its strongest weekly move in months, pumping around 23%. 📈
🔥 It bounced from the 1,000-day support
🔥 Broke above the descending trendline
🔥 Market structure is starting to improve
BUT there’s still one major obstacle. ⚠️
$BTC Dominance remains above 60%, meaning Bitcoin and large-cap coins are still attracting most of the capital.
For a stronger altseason confirmation, we likely need $BTC to break below 58% and see capital rotate into altcoins.
📊 Structure is improving.
🔄 Rotation is not confirmed yet.
The next few weeks could be very interesting. 👀
#Altseason #altcoins #BTC #BTCdominance
