Henrik Zeberg, a well-known macro economist and trading guru, believes that the crucial ingredient needed for an altcoin season to start is greed. To support this opinion, Jan Happel and Yann Allemann, co-founders of Glassnode and Swissblock, have released an analytical report. The report forces us to consider that a possible altcoin rally is waiting around the corner. It is underlined that the transition from Bitcoin (BTC) to Ethereum (ETH) will be the first step, followed by large-cap tokens and high-risk ones. In addition, the authors note to focus on zero-knowledge crypto projects since it has the power to create a rally. Nevertheless, the market situation is uncertain due to the Bearish DXY setup as well as the downward trend with both BTC and ETH in relation to the US Dollar. Finally, the authors cite the anticipation that the Federal Reserve will take a break from the risen rates and quantitative tightening policy, which could be a trigger to start the altcoin season.
Adele Foster
- 2023-04-07
Altcoin Season Crucial Ingredient: Controversy Swirls Around Greed
ETF prognosticator Henrik Zeberg believes that the crucial ingredient needed for an altcoin season to start is greed. Co-founders of Glassnode and Swissblock, Jan Happel and Yann Allemann, have released a report to support Zeberg's opinion and shed light on the current market situation.
![CandleFocus AltcoinSeason-HenrikZeberg-JanHappel-YannAllemann](https://images.candlefocus.com/Altcoin-Season-Crucial-Ingredient:-Controversy-Swirls-Around-Greed.jpg)