đš ALTSEASON MIGHT BE LOADING⊠BUT NOT YET. đ
The altcoin market cap just jumped 23% in one week â its strongest weekly move in months.
$TMX
And the chart is getting interesting:
đ Bounced from 1,000-day support
đ Broke above the descending trendline
đ„ Momentum is finally returning
But thereâs one problemâŠ
Bitcoin dominance is still above 60%.
That means capital is still heavily concentrated in $BTC and large-cap crypto.
For a real altseason, traders are watching for BTC.D to fall below roughly 58%.
So the setup is improvingâŠ
But the rotation isnât confirmed.
If Bitcoin dominance finally starts breaking down while altcoin market cap keeps climbing?
Thatâs when things could get REALLY interesting. đ
$BTC . leads the market.
Will $ETH and the alts get their turn next? đ
#Altcoins #Altseason #BTC #ETH #Crypto
The altcoin market cap just jumped 23% in one week â its strongest weekly move in months.
$TMX
And the chart is getting interesting:
đ Bounced from 1,000-day support
đ Broke above the descending trendline
đ„ Momentum is finally returning
But thereâs one problemâŠ
Bitcoin dominance is still above 60%.
That means capital is still heavily concentrated in $BTC and large-cap crypto.
For a real altseason, traders are watching for BTC.D to fall below roughly 58%.
So the setup is improvingâŠ
But the rotation isnât confirmed.
If Bitcoin dominance finally starts breaking down while altcoin market cap keeps climbing?
Thatâs when things could get REALLY interesting. đ
$BTC . leads the market.
Will $ETH and the alts get their turn next? đ
#Altcoins #Altseason #BTC #ETH #Crypto
