Altcoins Are Rallying, But Analyst Says Alt Season Has Yet to Begin
🔥 Analyst Dennis Liu argues that altcoin season hasn't started, as most altcoins are only 10% ahead of Bitcoin since its bottom, indicating limited overall performance.
📉 He highlights that while a few coins like Zcash and Quant have seen significant gains, the broader altcoin market remains sluggish, with many still trailing behind Bitcoin.
🚀 Liu advises traders to focus on individual altcoin rallies rather than waiting for Bitcoin to hit new highs, as past patterns may not hold true in the current market.
🔥 Analyst Dennis Liu argues that altcoin season hasn't started, as most altcoins are only 10% ahead of Bitcoin since its bottom, indicating limited overall performance.
📉 He highlights that while a few coins like Zcash and Quant have seen significant gains, the broader altcoin market remains sluggish, with many still trailing behind Bitcoin.
🚀 Liu advises traders to focus on individual altcoin rallies rather than waiting for Bitcoin to hit new highs, as past patterns may not hold true in the current market.