Is Altseason Starting? What the Charts and Market Data Show
Altcoin charts are flashing bullish setups, but market data shows money has yet to rotate into altcoins. The Altcoin Season Index stood at 39 on November 4, far below the 75 altseason threshold. Technical patterns on Bitcoin (BTC) dominance and Ethereum (ETH) point toward a possible shift in favor of altcoins. Market capitalization and stablecoin The post Is Altseason Starting? What the Charts and Market Data Show appeared first on BeInCrypto.
Key Takeaways
- Altcoin charts are flashing bullish setups, but market data shows money has yet to rotate into altcoins.
- The Altcoin Season Index stood at 39 on November 4, far below the 75 altseason threshold.
- Technical patterns on Bitcoin (BTC) dominance and Ethereum (ETH) point toward a possible shift in favor of altcoins.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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