Speculations start again: the altseason, this long -awaited period when alternative cryptos explode, could well point the nose. This time, these are not simple fantasies, but serious signals that feed enthusiasm. Stable Bitcoin at $ 100,000 and its domination decreasing? These are the crucial ingredients identified by Glassnode to launch this new crypto wave. But what about exactly?
When the decline in the domination of Bitcoin announces the altseason
The founders of Glassnode, Jan Happel and Yann Alleman, do not mince their words: a Decrease in Bitcoin domination On the market is essential for altcoins to take off. From there will come the Altcoin Season. Currently, Bitcoin displays a domination of Over 58 %a threshold that delays the arrival of the Altseason.
But as soon as this part decreases, alternative cryptos could quickly capture attention.
As their tweet reminds us:
“” In February 2021, the Altseason started in a similar context. The two necessary conditions: a stable bitcoin above $ 100,000 and a decline in withdrawal. »»
Some key figures to understand the context:
- Current bitcoin price: around 106,419 dollars;
- Bitcoin domination: 58 %;
- Provisional price objective: $ 110,000 according to Bitcoin Fundamental Index.
Caution, however, remains in order: despite encouraging signalsinvestors are invited to closely monitor these indicators.
Crypto market challenges: towards a balance to find
If the prospects for an altseason excite enthusiasts, some experts temperate this enthusiasm. Murad, influential analyst, do not hesitate to declare:
“” The Altseason will not take place. The market has changed. »»
According to him, the multiplication of tokens and the emergence of “memecoins” cults “come to shake up traditional dynamics.
However, the scenario is not so dark. Alternative cryptos could stand out in two cases ::
- Increased diversification of wallets, with dominant altcoins;
- A lasting stabilization of bitcoin, allowing renewed interest for other assets.
In short, the crypto market is changing, oscillating Between “hypergambling” and thoughtful choice. The challenge for investors? Find the active ingredients of solid communities and perennial values, capable of resisting fluctuations.
At the start of the year, speculation is going well: an unprecedented altseason may well emerge. With stable bitcoin and declining domination, spring promises to be promising for altcoins. It remains to be seen if the story will be repeated.
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