Why is it said that the altcoin season is coming? First of all, we need to understand why altcoins have been falling all along. This is because BTC is in the 100,000 range. When BTC exceeds 100,000, there is an expectation of a pullback, so BTC rises and altcoins fall; when BTC falls, altcoins fall even more! This leads to parallel bullish BTC and bearish altcoins. When BTC reaches a new high and does not drop below 100,000, the previous top resistance at 100,000 directly becomes the bottom resistance level. Altcoins will not fall due to BTC rising; instead, they will rise more sharply (because they have fallen a lot). The sharp rise of altcoins causes capital overflow from BTC, leading to BTC trading sideways, which is similar to the situation in March every year in history. That's why I say the altcoin season is coming. Some may ask me what to do with Japan raising interest rates and the Fed not cutting rates. It's already known that in March 23, rates were not cut throughout, and pepe increased tenfold. Stick to the old routine: increase holdings for swing trading and wait patiently for March.


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Rabby_02_22vip
· 01-21 11:25
Bull Run 🐂
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Joynul0064vip
· 01-20 15:30
To Da Moon 🌕
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