🚀 Did we see true altcoin euphoria that triggered the bear market this cycle? I don’t think so.
📉 Historically, bull markets end when confidence reaches irrational levels—when the market completely shifts from BTC into alts, believing it’s a "new paradigm." That’s when euphoria peaks, and the bear market begins.
📊 Right now, BTC dominance is approaching 65%, and if we exclude stablecoins, it’s nearing 70%. Yes, cycles have evolved—now we have meme coin seasons triggering short-term hype and corrections—but overall, the market is still in a strong risk-off phase.
💡 What does this mean? The final altcoin run that historically precedes a bear market likely hasn’t happened yet. With a high probability, we’ll see it this year.
🛠️ Many altcoins are sitting at local lows, making it a good time to use the right tools to pick the strongest projects before the next move.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.