Glassnode’s latest Altcoin Cycle Signal has flipped higher, moving back into the zone historically associated with stronger altcoin activity.
What stands out is the timing:
➜ BTC has been consolidating after its recent drawdown ➜ The signal has climbed back toward the upper range ➜ Historically, similar shifts have coincided with periods where altcoins began outperforming Bitcoin
This doesn’t confirm an altseason on its own.
But if the signal continues to strengthen while BTC maintains a stable structure, the market could be setting up for a meaningful rotation of liquidity toward altcoins.
$HBAR is finally breaking free from its upper resistance zone.
The breakout is backed by strong momentum and noticeable volume, giving the move much more weight than a simple resistance wick.
But I’m not chasing the breakout here.
The key level to watch is the reclaimed resistance. If $HBAR pulls back, retests this zone, and successfully flips it into support with bullish confirmation, that could offer a much cleaner setup.
Breakout ➩ Retest ➩ Confirmation
That’s the structure I’m watching before considering the next move.