CandleFocus

Altseason is 'around the corner' to reward 'dumb bulls' more than 'smart bears'

Author: Content Editor
According to cryptocurrency technical indicators, an altseason (a period where altcoins outperform Bitcoin) is on the horizon. This suggests that buying random cryptocurrencies may be more profitable than betting against poor fundamentals. Analysts and traders have observed signs of a potential altseason, including Bitcoin's market cap dominance showing weakness and the capitalization of non-top 10 coins breaking out of a downtrend. Traders and investors are increasingly optimistic about the altseason, with some already focusing on altcoins like Curve and Solana. However, investors should still prioritize solid projects even in a favorable altseason scenario.

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