Recall that on July 9, I wrote that one of the strongest zones of opportunity for altcoins has been forming since 2016. I attached the post above ☝️
That was my thesis back then. Now the market is starting to confirm it.
⛔The share of altcoins relative to Bitcoin is coming out of the biggest compression in the entire history of the chart and, for the first time since November 2022, is trying to reclaim the 25-month moving average.
Why is this important?
Such prolonged compression does not disappear without a trace. If the monthly candle establishes itself above this line, the energy accumulated over the years may be released in one of the most powerful altcoin moves in the entire history of the market.
That’s exactly why I increased their share in my long-term portfolio in advance—before confirmation became obvious to most.
This is not the final victory yet: we need to see a confident monthly close above the 25 SMA.
But if it happens, the altcoin bears could get a “October 10, reversed”—only now liquidations will go in the other direction.
It’s no longer about whether altcoins are waking up. The question is how powerful their awakening will be.
👀🔥