The crypto market experienced a $2 billion liquidation event on Monday, which some analysts believe could indicate the market's bottoming out. However, recovery may not be immediate, with predictions ranging from a few weeks to a couple of months. Some analysts are calling for an altcoin season and a market recovery to start in February, citing historical data that suggests altcoin rallies often begin in this month. Others believe that Bitcoin's dominance is near its peak, setting the stage for an altcoin season. However, there are differing opinions, with some analysts suggesting that February will be a good month for Bitcoin and expressing optimism about the market's future.



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