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Altcoin accumulation mode begins, Bitcoin dominance peaks
Original title: Key altcoin season metric in accumulation mode as Bitcoin dominance peaks
Original author: Nancy Lubale
Original source: Cointelegraph
Compiled by: Koala, Mars Finance
Altcoins have entered an accumulation phase after experiencing declines in the past three months.
According to the crypto trader, the altcoin market is currently in a “reaccumulation phase” and could enter the “second phase” of the cycle after regaining a key support area.
Independent crypto trader Mags mentioned in part in a July 25 post on Platform X: “Altcoins are up just 58% since breaking out of a 525-day accumulation period.”
Original author: Nancy Lubale
Original source: Cointelegraph
Compiled by: Koala, Mars Finance
Altcoins have entered an accumulation phase after experiencing declines in the past three months.
According to the crypto trader, the altcoin market is currently in a “reaccumulation phase” and could enter the “second phase” of the cycle after regaining a key support area.
Independent crypto trader Mags mentioned in part in a July 25 post on Platform X: “Altcoins are up just 58% since breaking out of a 525-day accumulation period.”
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