Short

Alt-season is near?

continues to decline, but despite the significant drop, there is no panic in the market. Most altcoins are already near local lows, which may play in favor of the upcoming altcoin season.

However, high market volatility makes it difficult to make effective trading decisions: shorting is risky, and longing overvalued projects is inappropriate.

A double top may form on the bitcoin-dominance chart ( ), which in the past has already led to a shift of capital into altcoins. So far, this scenario remains unconfirmed (a descending pattern should form), but if it materializes, the market may enter an active phase of altcoin growth.

It is important to remember that even if bitcoin dominance reverses, overbought altcoins may continue to decline, so we will continue to hold the accumulated hedge shorts.

Liquidity is more likely to flow into undervalued assets that have not yet undergone an active growth phase. In this context, special attention should be paid to coins with long accumulation, as coins from our investment portfolio, so that perhaps at the final formation of the downward pattern we will add the investment part up to 50% to those clients who connected to us after Q2 2024.

The situation remains dynamic and it is important to wait for confirmations before making decisions. However, the long-awaited alt season, which Influencers have been talking about all year and we have been skeptical that it hasn't started yet, may indeed be on the doorstep and finally starting soon.

TSFC

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