A popular crypto analyst believes that a wide altcoin season is unlikely in the current market environment. According to the analyst, there is not enough money in the market to support a rising tide that lifts all altcoins. Instead, the market is experiencing rotations and dispersion among different assets, with some gaining interest and capital while others are being left behind. The analyst also notes that Bitcoin dominance has been increasing, indicating that Bitcoin has been outperforming altcoins in terms of value.
- Content Editor ( dailyhodl.com )
- 2025-01-14
‘There’s Too Much Garbage’ – Veteran Analyst Warns There’s Not Enough Money for Altseason To Happen