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Encryption Market Insights: Is the Dawn of ALTS Season Emerging?
I observed that the altcoin (#alts)市场的看涨情绪极为高涨!当前市场走势正如预期,比特币主导率(#BTC.D) dropped sharply from 61% to 58%, entering the bear market zone, while at the same time, the altcoin market began to experience explosive growth.
But this is just the beginning. If my strategy progresses smoothly, Bitcoin's dominance may further decline, approaching the key support level of 54 - 55%. This means that more funds will flow into the ALTcoin market, and this trend may last for several days or even weeks.
Investors must set alerts for the daily downtrend and 61% resistance level, as these are key points for market observation. Once the market reaches these critical levels, it will trigger significant market fluctuations.
Lastly, it is worth celebrating that if you currently hold ENA and COW, you should have already achieved over 20% returns. This also reflects the tremendous potential contained within the current altcoin market. I hope all investors closely monitor market trends and seize opportunities.