BULLISH 📈 : Analysts indicate potential altcoin season amid decade-long support

Crypto analyst Cryptollica challenges the notion that the altcoin era is over, suggesting instead that the market may be preparing for a shift.

Decade-Long Structure in Rotation Zone

  • Bitcoin and major cryptocurrencies dominate market attention, leading some to dismiss altcoins.
  • The OTHERS/BTC ratio, excluding the top ten assets relative to Bitcoin, sits on a long-term trend support.
  • This trend support has historically led to altcoin rotations when touched.
  • The current compression of the OTHERS/BTC ratio is seen not as weakness but as potential energy buildup.

Altcoin

Momentum Indicators Favor Altcoins

  • The monthly MACD on the OTHERS/BTC chart shows two consecutive green closes, a first in four years.
  • A confirmed bullish cross on the Others/BTC MACD aligns with historical altcoin recovery signals.
  • The ISM index above 50% is another positive indicator for altcoins.
  • These signs point to potential readiness for an upcoming altcoin season.