Crypto Analyst: Bull Market Hinges On This Indicator Reaching 45%

In a detailed post on X, crypto analyst Jamie Coutts outlined various indicators he monitors to gauge when the market might pick up bullish momentum. Crypto Market Might Be In The Final Stage Of The Bearish Phase Coutts, Chief Crypto Analyst at the financial knowledge and education platform RealVision, noted that the cryptocurrency market has [...]

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Is a New Altseason on the Horizon? Dogecoins Recent Activity Sparks Speculation

In a recent statement, Ted Pillow, a prominent figure in the cryptocurrency world, has drawn attention to an intriguing pattern in the crypto market. According to Pillow, a significant rise in Dogecoin (DOGE) prices often heralds the beginning of an Altseason, a period when alternative cryptocurrencies experience notable price increases. This pattern was observed during […]

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Altseason 2.0: Mapping the Path to the Next Crypto Boom

The crypto space is eagerly waiting for the next Altseason 2.0, which is expected to bring great returns to investors. The period ahead is characterized by steep gains in altcoins, a trend that has been observed repeatedly in the past. In a recent X post, Ash Crypto explained the stages that usually occur before this […]

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Is Now a Good Time to Invest in Cryptos?

Is it a good time to invest in cryptos? I will give you 5 good reasons why you should consider investing in cryptos now. The last one is the most important. 1. Bitcoin Halving This year, in May, we had the Bitcoin halving. It’s an event that happens every 4 years, which cuts the number [...]

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Not All Hope Is Lost: Crypto Analyst Weighs In On The Markets Performance

As the crypto market faces another drop, a pessimistic sentiment surged again. Some investors seem to fear that altcoins wont take off this cycle and that they have lost their chance of profiting from the bull run. However, renowned analyst Altcoin Sherpa weighed in on the matter, suggesting that the market is set up to [...]

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When Will the Next Altcoin Season Start?

As the cryptocurrency market continues to evolve, many enthusiasts and investors are eagerly anticipating the onset of the next “altcoin season“. This term refers to a period when alternative cryptocurrencies (altcoins) experience significant price increases, often outpacing the growth of Bitcoin. But when can we expect this thrilling phase to begin? What is Altcoin Season? [...]

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Time for altseason? Analysts say altcoin market is near momentum bottom

Altcoin prices have been in a rut, but a key alteason indicator hints that the strongest wave is yet to come.

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Is Altcoin Season Around the Corner? Bitcoin Halving Points to Potential Boom, Analyst Reveals

Although Bitcoin recent price plunge has sent several Altcoins on a free fall, with declines ranging from 30% to 70%, there appears to be a beacon of hope set to shine through the murk. The recent Bitcoin Halving in April is what the altcoin market needs to recover and surge beyond its highest levels. Related Reading: Analyst Predicts Major Gains for These Altcoins But Warn Against XRP and ADA Bitcoin Halving: A Gateway to Altcoin Prosperity? Bitcoin usually undergoes a Halving every four years, and this major event halves the block reward for miners in half. This fall in supply has normally triggered a bullish rally not only for Bitcoin but also for the altcoin market. Crypto analyst Wise Advice elaborates that following each Bitcoin halving, there is a pronounced potential for altcoins to surge. The analyst particularly noted: I know when altcoin season will happen. And I’ll show you it… ‘Halving’ It all depends on it […] When halving happens, after 11.5 years, the BTC ATH come And near that, ETH and other altcoins boom. Historically, this Halving period has seen an explosion of attention for altcoins, driving their prices higher due to the scarcity concerns from Bitcoin following this event. For example, in the previous Bitcoin Halving on November 9, 2021, leading altcoins, including — Ethereum (ETH) and Solana (SOL), Polkadot. (DOT), Avalanche (AVAX) all recorded a new all-time high. For context, ETH peaked at $4,800 on November 10, SOL came in too with its new peak at $250 5 days earlier as revealed by Wise Advice, while DOT’s peak at $55 happened on the 4th of that month, and AVAX peak at $144 occurred later that month on the 21st. How Does The Halving Points To Alts Season Now? As Wise Advice’ post suggests, such patterns underscore a recurrent theme: post-halving, money flows from Bitcoin into altcoins, significantly buoying their market positions. The analyst explained: The more they buy, the higher the price goes. And it makes investors profitable. They sell a part of it and send to Ethereum and other tokens. The market cap of these are way lower, so even the inflow of $100 million can make a huge change (a month before the ATH, Bitcoin MC was in 2.5 times larger than Ethereum.) That’s why Solana and Polkadot’s ATH was 4-5 days faster. Then money goes to even smaller Alts. And they start to overperform big ones. The smaller they were, the bigger the growth was. Notably, this shift is often reflected in Bitcoin’s dominance indexa metric that measures Bitcoin’s market capitalization relative to the total market cap of all cryptocurrencies. As observed post-halving, a decline in this index signals a growing interest in altcoins. Related Reading: Crypto Analyst Says Bitcoin Could Reach $100,000, But What About Altcoins? Bitcoin dominance is now at 54.60%, a slight decrease from above 55%. Earlier this month, according to TradingView. Notably, the fact that the index is still somewhat high, as it still stands above 50%, suggests that the market still favors BTC. However, the recent decrease could be the early signs of an emerging altcoin season. Analysts at Glassnode make a similar point, linking present market circumstances with those in late 2020 when smaller stocks and riskier assets boomed, pointing towards an impending altcoin season. Rotation coming? Yesterday, we saw how #Nasdaq declined >2% – while #IWM rallied >3%. This is a clear indication of Rotation. The move to riskier assets. Will we also see this is #BTC and #Alts? Well – in November 2020, we had a day just like yesterday. IWM soared and pic.twitter.com/WG9pooRxh1 (@Negentropic_) July 12, 2024 Featured image created with DALL-E, Chart from TradingView

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Ethereum (ETH) Set For Glorious Year, Analyst Eyes $10,000 Target

Ethereum (ETH) saw a significant upswing at the end of May due to the rumors of a spot ETH ETF (Exchange-Traded Funds) approval in the US. This bullish momentum propelled the tokens price from the $3,000 price range to the $3,900 mark. Related Reading: Solana-Based GameStop Tribute Token (GME) Soars 300% Following Roaring Kittys Return After the approval, the second-largest cryptocurrency has shown a strong performance, consolidating between the $3,700 and $3,800 levels. Some crypto analysts believe ETH is preparing for a crucial test and eye bullish targets above the $10,000 price range soon. ETHs Glorious Year Depends On This Level According to crypto analyst Jelle, a community sector is currently driven by a negative sentiment towards Ethereum. The bearish sentiment, seemingly fueled by Ethereums failure to regain the $4,000 resistance level, has made lots of people overcomplicate things here. As a result, Jelle urged investors not to panic, arguing theres no reason to flip bearish. The crypto analyst highlighted the key movements the King of Altcoins has seen in the past two weeks. Due to the spot ETH ETF approval, Ethereum broke out of a multi-moth falling wedge pattern. At the time, ETH successfully regained the $3,600 price range and briefly tested the $3,900 price range. After reclaiming this key support level, ETH has been consolidating above it, hovering between the $3,700 and $3,800 price range since May 28. According to the analyst, the cryptocurrency is reclaiming the range lows of a 3-year-long reaccumulation range. Per Jelles chart, ETH is regaining the lowest range of the previous bull run, which could lead to an expansion period. If the second-largest cryptocurrency by market capitalization holds above this key level, Ethereum will have a glorious year. Additionally, the analyst considers that ETHs last hurdle to overcome this cycle is the $4,000 resistance level. Once it breaks $4,000, it’s clear skies ahead to potentially reach the price target of $10,000. Similarly, known crypto analyst Il Capo of Crypto noted that his main scenario is a bullish continuation. Per Il Capo, Ethereum is looking good above the $3,650 range. This performance seemingly sets the cryptocurrency for a bullish continuation towards the previous cycles all-time high (ATH). Ethereum ETFs, The Catalyst For New ATH? Despite the doubts, Ethereums recent performance resembles Bitcoin’s (BTC) in previous cycles. According to crypto trader Ash, ETH is following the path of the flagship cryptocurrency in 2018-2021. If it continues this track, $10,000+ ETH is programmed. As the crypto market awaits the listing of the spot ETF, some analysts consider it the catalyst for an explosive alt season this year. Similarly, Ali Martinez noted that over 777,000 ETH, worth around $3 billion, have been withdrawn from exchanges since the US Securities and Exchange Commission (SEC) approved the investment products. Due to a supply squeeze, this development could propel ETHs price to higher levels. However, Lookonchain recently revealed that two participants of Ethereums Initial Coin Offering (ICO) deposited around 4.5% of their holdings on a crypto exchange. Per the post, the ICO participants received 200,000 ETH, worth around $767 million, at Ethereums Genesis. Related Reading: The Half-Million Dollar Bitcoin: Predictions Point To Monumental Price Surge In 18 Months The holders deposited 9,518 ETH, or $36.33 million, into Kraken on Monday, which has alarmed investors. Despite the fear of a possible dump, some community members think this movement could suggest that these long-term holders believe ETHs price will reach unprecedented highs soon. Featured Image from Unsplash.com, Chart from TradingView.com

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Cup-And-Handle Pattern Signals Altseason Ready For Launch Analyst

Prominent crypto analyst Gert Van Lagen has shared a positive market prediction hinting that the altseason may soon begin. Based on a fully formed bullish pattern, the Dutch market expert postulates that altcoins are on the edge of a market breakout. Related Reading: Ethereum Ready For Price Rally As STH Numbers Set To Cross 4 Million Heres Why Altcoin Market Tipped To $5.4 Trillion Valuation In Altseason  The cup-and-handle is a classic bullish continuation pattern in technical analysis. It usually signifies an asset’s potential to continue rising after a period of consolidation. According to Van Lagen, the cup-and-handle pattern has appeared on the altcoin market bi-weekly chart. It consists of a U-shaped price movement (cup), which represents a period of gradual decline and recovery as seen between 2022 to mid 2024.   Van Lagen explains that investors typically accumulate assets during this period, perhaps due to an extended downside market prior to a rebound. This cup movement is followed by the handle, which often resembles a small descending channel as seen in 2025. The handle usually represents a breakout and retest zone, paving the way for the altseason. For the altseason to occur, the altcoin market cap must convincingly break above the neckline of the cup-and-handle pattern, which is currently at $813.18 billion. If this breakout occurs, inducing an altseason, Van Lagen analysis shows that total altcoin valuation could rise to around $5.4 trillion before 2026, indicating a potential 564% market growth. Related Reading: $380M In Ethereum Leaves Exchanges In 7 Days Accumulation Trend Accelerates Why The Altseason Is Sure To Happen In other news, analysts continue to debate the feasibility of an altseason for the current bull cycle.  Crypto analyst and Web3 growth manager Cas Abbé joined this discussion, highlighting three reasons the altseason is certain to come to pass. Notably, Cas Abbé acknowledges the altseason has been delayed, citing a lack of sufficient liquidity due to a large amount of token unlocks and the ripple effects of the memecoins craze driven by Pumpfun.  However, the analyst remains confident in the prospects of an altseason due to multiple reasons, one of which is the potential for multiple altcoin ETF approvals.  Cas Abbé explains that the US Securities and Exchange Commission is likely to issue the green light for several altcoin ETFs in Q3/Q4 of 2025, which holds the final deadline for most of these ETFs. Following these approvals, the analyst predicts a rise in institutional investments, which could produce a rallying effect similar seen with the Bitcoin ETFs in 2024.  Furthermore, Abbé states the Fed is likely to begin rate cuts in June as well as terminate all quantitative tightening measures. Both moves are expected to be followed by a liquidity injection, untimely creating a risk-on environment in financial markets that will support the growth of altcoins. Finally, the Web3 growth manager expects regulatory clarity by Q3/Q4 2025, which will allow banks to comfortably engage the crypto market, leading to massive liquidity.  At press time, the total crypto market remains valued at $2.94 trillion, with altcoins accounting for 36.1% of all investments.  Featured image from iStock, chart from Tradingview

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Altcoin Season Soon? Quant Says This Ethereum Pattern Could Suggest So

A quant has explained how a pattern currently forming in the Ethereum Open Interest could imply the altcoin season is coming “sooner than expected.” Altcoin Season May Be Approaching Soon Based On Ethereum Pattern In a CryptoQuant Quicktake post, an analyst has discussed about why an altcoin season may be coming soon for the cryptocurrency sector, based on a trend taking place in a couple of Ethereum and Bitcoin indicators. The first metric of relevance here is the “Open Interest,” which keeps track of the total amount of derivatives positions related to a given asset currently open on all centralized exchanges. Related Reading: Shiba Inu One Of The Most-Traded Tokens By Whales, Data Shows When the value of this metric goes up, it means the speculators are opening up fresh positions for the coin right now. On the other hand, a decline implies the users are either closing up their positions of their own volition or getting forcibly liquidated by their platform. Now, here is a chart that shows how the trend in the Open Interest has compared between Bitcoin and Ethereum over the past year: As displayed in the above graph, the Bitcoin Open Interest has been moving more or less sideways recently, while at the same time, the metric has registered growth for Ethereum. This would suggest that ETH has been seeing more appetite for derivatives market contracts than the original cryptocurrency recently. One of the driving factors behind this could be the news cycle related to the approval of the spot exchange-traded funds (ETFs) for the asset. In the same chart, the quant has also attached the data for another indicator: the Estimated Leverage Ratio (ELR). This metric measures the ratio between the Open Interest and the Exchange Reserve for any asset. The latter is naturally the total amount of the coin that’s currently sitting in the wallets of all centralized exchanges. The ELR basically provides us with information about the amount of leverage that the average user in the derivatives market is opting for right now. From the graph, it’s visible that this ratio has seen a surge for Ethereum recently but has been showing flat action for Bitcoin. Thus, it would appear that not only has ETH been seeing more speculative interest than BTC recently, but also these users opening contracts are going for higher risk as they are taking on more leverage. Related Reading: Analyst Says Only A Matter Of Time Before Bitcoin Flies Past ATH The analyst believes that the fact that Ethereum has overtaken Bitcoin in these indicators could be a potential sign that an altcoin season may be approaching soon. “If Ethereums price continues to consolidate in the current range, its very possible that the altcoin season will start sooner than expected,” notes the quant. It now remains to be seen how things play out in the market in the near future, given this shift of trend. ETH Price After seeing a slowdown earlier, Ethereum has been back on track in the past couple of days as its price has now climbed back above the $3,900 level. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com

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Collect and stack this altseasons nine most controversial and offensive meme tokens while they are cheap!

These tokens are extremely immature and serve no purpose other than being entertaining. The tokens are deeply meaningful and priceless yet trivial.

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GameStop tops Bitcoin's yearly gains in one day Will GME spark an altcoin rally?

Mirroring the 2021 cycle, the profits from GameStop could spill into altcoins, catalyzing the start of the 2024 altcoin season. Could history repeat itself?

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Get Ready for Altseason: Analyst Predicts 40% Daily Gains as the New Normal

The cryptocurrency market is abuzz with predictions and speculations as analysts debate the possibility of an impending altseason in 2025. Some experts are optimistic, foreseeing potential 40% daily gains for alternative cryptocurrencies, while others remain skeptical about such ambitious projections. The concept of altseason refers to a period in the market where altcoins, or alternative [...]

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Altseason Loading? ATOM, CRV, TON, EOS & CRO Surging and Outperforming Bitcoin

The long-awaited Altseason appears to be just around the corner, sparking growing excitement among crypto investors. Historically, Altseason refers to a period when altcoins significantly outperform Bitcoin (BTC), and current market signals suggest this phase may be about to kick off. Despite the broader market’s choppy conditions, several altcoins are showing impressive strength. Notably, EOS […]

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Altcoins Poised for Rally After CNH/USD Bottoms: Analyst

Signs are pointing to gains for the altcoin market as the CNH/USD bottom is marked by analyst Michaël van de Poppe.

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Altcoin season brews as bullish trading pattern forecasts explosive price move

Analysts cite a classic trading pattern and growth in the altcoin total market capitalization index as proof of an upcoming altcoin season.

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Traders Forecast Massive Rally For Altcoins, But Why Is Sentiment Down?

Bitcoins correction at the start of Q2 dragged down the Altcoins market, and a gloomy sentiment appears to surround investors despite Q1 2024 registering one of the best performances for the crypto market. As prices recover momentum, traders and analysts suggest a brighter future might be around the corner. Related Reading: Bitcoin To Go Ballistic After Halving, Says Top Analyst Heres Why Altcoins Next Stop: Altseason? On Friday, some traders shared optimistic forecasts for altcoins. According to investor Crypto Jelle, the altcoin market cap chart looks primed to go on a massive rally in the coming months. The investor highlights the similarities between the altcoins performance during the previous bull runs. Per the chart, after 2018s all-time high (ATH) of $474.5 billion, the altcoin market consolidated under the resistance zone in preparation for the next bull run. Altcoins market cap sitting at $1.15 trillion. Source: CryptoJelle on X During the 2020-2021 bull market, altcoins market cap broke out and consolidated around a new support zone before continuing its upward trajectory to its last ATH of $1.7 trillion. As the investor highlighted, altcoins performance looks like that of the previous bull run. They are seemingly consolidating after a breakout from the resistance zone. If history were to repeat itself, then altcoins could remind everyone what theyre capable of. Another trader and analyst, Titan of Crypto, shared a similar prediction to Jelles. According to the analysts, hes seen crypto community members believing that therell never be another altseason. To those in doubt, the trader suggests they zoom out to get a broader perspective on where the market is in the cycle. Per his chart, which excludes Ether (ETH), altcoins are at the 2 bullish monthly candles followed by consolidation phase. Run up prediction for altcoins, excluding ETH. Source: Titan Of Crypto on X. The chart also suggests that the subsequent run-up could surpass the $1.13 trillion ATH and soar to a market cap of $3.25 trillion in the coming months. To the analyst, the #Altseason2024 is inevitable. Predictions Are Up, Why Is The Sentiment Down? Across different platforms, the sentiment seems to lean towards negative despite the optimistic forecasts. Follis, content creator and founder of Chroma Trading shared his experience on X this Thursday. According to the post, sentiment at the moment is some of the worst hes seen during his years in the crypto community. Moreover, he considers engagement is dead as everyone is quiet across X, Discord, and Twitch. Sentiment at the moment is some of the worst I've seen in my 3y in crypto Twitter, twitch, discord – everyone is quiet, engagement is dead$BTC only -6% from ath but lots of alts down -40% or more. No real bid to be found for a month or more, except on random rotations & — (@follis_) April 11, 2024 The post opened a discussion as to what could be the reason. Follis suggested a combination of over-leveraged top longers and traders who expected price to go up indefinitely. Another user weighed in, suggesting traders lost significant money buying high and selling low on Solana and Base memecoins. Top crypto trader Ansem joined the discussion, disagreeing with the depressing take on the current market. The trader pointed out that BTC was at $70,000 and ETH at $3,500 at the time of his post. These prices represent a 129.8% and 82.5% increase in the past year. Similarly, he highlighted the performance of SOL compared to the bear market bottom and the remarkable performance of memecoins in the past six months. Many users agreed that drawdowns are usual during market cycles and ultimately suggested looking at the bigger picture. Related Reading: Crypto Analyst Unveils Top Altcoins For Biggest Returns This Cycle Altcoins market cap is at $1.15 trillion. Source: TOTAL2 on Tradingview Featured Image from Unsplash.com, Chart from TradingView.com

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Is Altseason delayed or Cancelled?

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No Altseason Yet: CZ Weighs In On Altcoins Performance Amid Crypto Market Retrace

Binance co-founder Changpeng Zhao has suggested that the highly anticipated Altseason isnt here yet as most altcoins continue bleeding, while some market watchers consider the worst might be over soon. Related Reading: All Options On The Table: Bitcoin Must Hold This Level Ahead Of Trumps Crypto Summit CZ Says Theres No Altseason Yet On Friday, Changpeng Zhao, also known as CZ, responded to an X user asking when the Altseason will happen. The Binance founder pointed out the price tracking and market data website CoinMarketCap (CMC), which recently added an Altcoin Season Index. CZ highlighted that of the top 100 altcoins, very few have outperformed Bitcoin (BTC) in the past three months, suggesting that the Altseason wont happen yet. As the website states, the CMC Altcoin Season Index page provides real-time insights into whether the cryptocurrency market is currently in Altcoin Season, based on the performance of the top 100 altcoins against the flagship crypto over the past 90 days. Under this metric, an Altseason is in if 75% of the top 100 altcoins outperform BTC during the established period. To CZ, This is a tough ranking system, as he considers that 50 would be a good score for Altcoins. The CMC index page shows a score of 14/100, with only 14 altcoins outperforming BTC since early December. Some of the tokens in this list include Monero (XRM), Hyperliquid (HYPE), Pi (PI), Mantra (OM), Berachain (BERA), and the official Trump memecoin (TRUMP). Leading cryptocurrencies of 2024, like SUI and Solana (SOL), show 37% to 41% price decreases in the past 90 days. Meanwhile, memecoin sensations like dogwifhat (WIF), PEPE, FLOKI, and BONK have bled between 70% and 80% during this period. Analyst Michaël van de Poppe also noted that altcoins have had an overall negative performance on higher timeframes despite some recent price rallies. Massive green day on some Altcoins, they are up 2%! Then, you zoom out, and you zoom out, and you zoom out, he asserted. Altcoins Bottom Could Be Near Altcoin Sherpa stated that altcoins were in about the same or worse positions during the Summer 2024 retrace, pointing out that things were also pretty bleak overall and then we saw some strong bounces in August. However, he noted that, unlike last year, the market doesnt have a Trump Pump coming. Recently, some of the top cryptocurrencies saw a significant price increase after US President Donald Trump announced a strategic reserve that would include SOL, XRP, Cardano (ADA), Ethereum (ETH), and BTC. Nonetheless, after the March 6 executive order establishing a Strategic Bitcoin Reserve and a Digital Asset Stockpile, the White House AI and Crypto Czar, David Sacks, clarified that the previously named altcoins were used as references for the most valuable tokens in the market. Sherpa considers that the markets bottom is close, but we still also probably have the chop period to get through before any substantial recovery. On the contrary, some industry figures have also commented on altcoins overall performance this cycle, suggesting that the Altseason already started but will be different from previous cycles. Related Reading: Stellar (XLM) Price Setting Up For Rally To $1.60 Here Are The Levels To Watch Recently, CryptoQuants founder and CEO, Ki Young Ju, stated that the Altseason had begun. He affirmed there will not be a direct Bitcoin-to-altcoins rotation this cycle, as BTC dominance isnt the key metric that defines it. To the CEO, trading volume is the metric that defines it this time. Ju also pointed out that this will be a very selective and challenging altseason, with only a few altcoins with strong narratives expected to thrive. Featured Image from Unsplash.com, Chart from TradingView.com

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