Altsaseson Less Than 29 Days Left, I Focus Support RSI TF 1M $ETH I Target $7,000 First Outperform Support $3,000 Get Again What I Previously Got at $1,400 All this analysis does not use technical but uses 3 Indicator Code bandsr Binance.
The reasons why altseason is usually the right time to sell are several, especially related to the crypto market cycle:
🔑 Conclusion: Altseason is indeed the golden time for profit, but precisely because of that it is the time for distribution/selling, not greedily waiting for more. After altseason usually comes a long correction phase, so selling at the moment of euphoria is a way to protect profits and prepare for the next entry.
Do you want me to create a practical framework "altseason exit plan" (for example, profit-taking percentages at each increase of 2x, 3x, 5x) to make it easier to use in real trading?
Altseason (or altcoin season) is a period in the crypto market where altcoins (all cryptocurrencies other than Bitcoin) experience very significant price increases and often much faster than Bitcoin (BTC). This usually occurs during an overall bull market phase, but not the entire bull run is altseason. ### How Altseason Works (Its Main Mechanism) Altseason occurs due to capital rotation. Here’s the general flow: 1. Bitcoin rallies first The crypto market usually starts with Bitcoin rising sharply (as BTC is considered the safest and most liquid). Many investors enter BTC, Bitcoin dominance rises high (can be >60%).
🟢 My predictions are backed by knowledge that you can also learn. In the next 20 years, I will be fully focused 100% on Crypto, and I will pledge my assets worth tens of billions to banks to secure credit until 2032! My goal is to consistently achieve a 30% profit on BTC over the next 20 years
🚨 There are still people who believe the market is bearish when American interest rates keep dropping from 4% to 1.5%, that's why you always fail to profit from crypto 🤪