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#BTC #ETH
Why is the altcoin season coming? To understand this, we first need to know why altcoins have been falling. The main reason is that BTC is in the $100,000 range. When BTC surpasses $100,000, a pullback is expected. When BTC rises, altcoins fall, and when BTC falls, altcoins drop even further.
When BTC reaches a new high and stays above $100,000, the previous $100,000 resistance becomes the bottom support. As a result, BTC's rise no longer causes altcoins to drop; instead, altcoins rise sharply because they have already fallen a lot. This sharp rise in altcoins leads to capital outflow from BTC, causing BTC to trade sideways. Historically, this kind of scenario often occurs in March.
That's why I believe the altcoin season is coming. Concerns about interest rate hikes in Japan or the Fed not cutting rates aren't new. Even in March 2023, rates weren't cut, yet PEPE saw a tenfold increase. Stick to the old strategy: increase holdings for swing trading and patiently wait for March.
#Join Lunar New Year Party & Share $150,000 Rewards #$BTC Breaks Historical High #Can $TRUMP Recover to New Highs After the Dip?