Crypto analyst Miles Deutscher advises caution when expecting a repeat of the altcoin season seen in 2021. He explains that the unique factors driving that rally, such as quantitative easing and government stimulus, are unlikely to occur again. Instead, Deutscher suggests adjusting trading strategies to expect short-lived rotations into altcoins and to secure profits early. Meanwhile, Binance's altcoin trading dominance has reached 78%, indicating rising interest in alternative cryptocurrencies. This trend reflects a broader shift in the crypto world towards exploring opportunities beyond Bitcoin and Ethereum.
- Content Editor ( coinpedia.org )
- 2025-01-14
Will Altcoin Season Return? Crypto Analyst Miles Deutscher Weighs In