Many of us have been anticipating an altseason, especially considering it's been about 3 years since the bull run began, yet we still haven't experienced a significant one. Several factors seem to be holding it back, including high Bitcoin dominance, delayed institutional interest in altcoins, weak altcoin fundamentals, and challenging economic and macro conditions, such as elevated interest rates and recession fears, which limit speculative investments in riskier assets.
However, my analysis suggests that an altseason may emerge within the 𝐖 wave and this phase could provide a glimpse of an altseason, potentially lasting around 90 days, or within 𝐐𝟏. Following this, we may enter a larger corrective phase during the 𝐗 wave, presenting a generational buying opportunity. This setup could pave the way for another altseason during the next leg down in the 𝐘 wave.
𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫 : The information provided here is for educational purposes only and should not be considered as financial or investment advice.
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