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Altseason

Alt Season is Coming!!! Event Overview On November 9th, 2024, Bitcoin dominance in the cryptocurrency market experienced a significant drop of 3.2%, falling from to . This event coincided with a notable surge in Ethereum's price, which saw a dramatic increase of 43% over the same period. This pattern highlights the cyclical behavior within the cryptocurrency market, where liquidity flows from Bitcoin to alternative coins (altcoins) such as Ethereum and Solana during key shifts in market dynamics. Key Observations Bitcoin Dominance Drop: Bitcoin dominance measures Bitcoin's share of the total cryptocurrency market capitalization. A decline in this metric typically indicates that investors are diversifying their holdings into altcoins. The 3.2% drop on November 9th suggests a significant shift in investor sentiment, with traders taking profits on Bitcoin's gains and reallocating capital into other cryptocurrencies. Ethereum's Surge: Ethereum, the second-largest cryptocurrency by market capitalization, responded to Bitcoin's dominance decrease with a sharp 43% price increase. This aligns with historical trends where Ethereum and other altcoins benefit from liquidity rotations as retail and institutional investors diversify into higher-risk, higher-reward assets once Bitcoin's momentum slows. Market Behavior: The behavior observed on November 9th exemplifies the "altseason" phenomenon. This term describes periods when altcoins outperform Bitcoin, often triggered by: Profit-Taking in Bitcoin: Investors cash out after substantial BTC price gains, leading to reduced dominance. Increased Risk Appetite: After Bitcoin stabilizes, retail investors and traders seek growth opportunities in altcoins, which often have higher upside potential during bullish phases. Ethereum as a Gateway Asset: As the largest altcoin, Ethereum frequently acts as the initial beneficiary of liquidity flow, serving as a bridge between Bitcoin and smaller altcoins. Solana and Other Altcoins: While Ethereum saw the most significant surge, other altcoins such as Solana also experienced gains as the liquidity rotation expanded beyond Ethereum. This cascading effect reflects a typical pattern where capital initially flows into major altcoins (e.g., ETH) before moving into mid-cap and small-cap cryptocurrencies. Implications Correlation Analysis: The event underscores a direct correlation between Bitcoin dominance and altcoin performance. When Bitcoin dominance drops, liquidity often shifts into altcoins, driven by profit-taking and increased speculative interest. Investor Strategies: For traders and investors, monitoring Bitcoin dominance can serve as an early indicator of altcoin market opportunities. A sharp decline in BTC dominance often signals the start of an altcoin rally. Market Cycles: Understanding these market dynamics is critical for timing entries and exits. Investors who recognize the signs of a dominance shift can capitalize on altcoin price movements while managing risk effectively. Conclusion The 3.2% drop in Bitcoin dominance on November 9th, 2024, and the subsequent 43% rise in Ethereum illustrate the fluidity of capital within the cryptocurrency market. This event reaffirms the principle that liquidity flows from Bitcoin into altcoins during profit-taking phases, driven by retail and institutional behavior. Ethereum's performance during this period also highlights its pivotal role as a leading altcoin and a bellwether for broader market trends. As the market evolves, tracking Bitcoin dominance alongside altcoin performance will remain essential for understanding and predicting cryptocurrency price movements.
CRYPTOCAP:BTC.DLong
by raycartier
A close up of the bullflag forming above c&h rimline on total2The red line is the rimline of the Total2 chart’s cup and handle pattern that I made a post about a few days ago and will link at the bottom of this post. I thought it would be a good idea to include a close up of this bull flag that is forming with that redline mostly serving as support here so it would be easier for people to see when the breakout from the cup and handle will be validated. Once we have solidified the red line as support long enough we will validate the breakout from the cup and handle. One thing that will greatly increase the probability that w will validate that breakout is by first valdating the breakout up from this smaller bullflag pattern that has been forming here, you’ll notice that we are also about to have a golden cross (when the orange line crosses above the blue line ). We are now just one to two days away max from that cross happening and I would not be surprised if the pump up from the bullflag that validates it’s breakout occurs the same day the golden cross occurs, as I have already seen that happen immediately on the golden cross in two other chart recently, and it usually tends to do so once we have entered the parabolic phase of the bull market. If we do we will simultaneously validated both the breakout from this bull flag and mostly likely validate the breakout from the more macro timeframe Cup and handle pattern as well. I will link the chart I posted a few days ago showing the full cup and handle pattern down below. We’ve already seen a slight bit of a precursor already in the market but once the cup and handle validates its breakout, it is officially alt season. *not financial advice*
CRYPTOCAP:TOTAL2
by DrDovetail
“The Shift Is Coming: Bitcoin’s Decline in Dominance and the RisThe cryptocurrency market is evolving. For years, Bitcoin has been the undisputed leader, dictating the rhythm of bull and bear markets. But if you’ve been paying attention, subtle shifts are already underway, hinting at what the future holds. As Bitcoin falls, certain altcoins are rising. This is more than just a temporary trend—it’s a small-scale preview of what’s coming on a much larger scale. The Decline of Bitcoin Dominance Bitcoin’s dominance over the crypto market has been its defining feature, but year by year, that dominance is shrinking. The days when Bitcoin single-handedly led every bull run may be nearing an end. Innovative altcoins with real-world utility, scalability, and vibrant ecosystems are carving out their own paths. From Ethereum’s smart contract dominance to projects like Solana, Polygon, and even meme coins, the market is becoming more decentralized—not just in technology but in leadership. Bitcoin will always be “digital gold,” but that narrative alone may not be enough to sustain its lead. As altcoins continue to innovate, attract attention, and grow communities, Bitcoin’s role as the crypto market’s “North Star” could wane. The Rise of Altcoin-Led Bull Runs The 2021 bull run introduced sectors like DeFi, NFTs, and play-to-earn gaming, showing that narratives beyond Bitcoin can drive capital into crypto. Now, we’re seeing specific coins decouple from Bitcoin’s movements. This decoupling is just the beginning. Future bull runs could be triggered not by Bitcoin but by: • New Technology: Layer 2 solutions, zero-knowledge proofs, and faster blockchains. • Sector-Specific Booms: DeFi 2.0, AI-integrated cryptos, or Web3 applications. • Community Movements: Meme coins like Dogecoin and Shiba Inu that thrive on viral momentum. Altcoin-led rallies will redefine how we perceive market cycles. Bitcoin might still play a role, but it won’t always lead the charge. Money Flowing from Equities to Crypto Here’s another macro trend to watch: More money is leaving the traditional equities market and moving into crypto. Why? The returns in crypto are astronomical compared to stocks. Retail traders are already driving this shift, lured by the potential of 10x and even 100x gains. But it won’t stop there. As crypto becomes more accessible and regulated, banks and institutional investors will dive in deeper. The Inevitable Institutional Rush Imagine a world where banks are buying meme coins. Sounds absurd? It’s closer than you think. Meme coins have already made their way into mainstream financial platforms. Dogecoin and Shiba Inu are listed on major exchanges, used for payments, and even supported by celebrity endorsements. Institutions, once dismissive, are now taking notice. When retail traders prove a narrative works, institutions follow. First, it will be Bitcoin and Ethereum. Then, it will be DeFi protocols. Finally, meme coins could become speculative assets in institutional portfolios. What This Means for You The crypto market is maturing. Bitcoin will always have a role, but it’s no longer the only player in the game. The future is multi-faceted, decentralized, and packed with opportunities across a range of altcoins. As a trader, staying ahead means: 1. Tracking Narratives: What sectors are gaining traction? DeFi, gaming, AI, and meme coins could lead the next cycle. 2. Diversifying: Don’t put all your capital into Bitcoin. Explore altcoins with strong fundamentals and active communities. 3. Preparing for Institutional Influx: Follow the money. Where retail traders go, institutions eventually follow. The shift is coming. Are you ready for a market where Bitcoin no longer dominates? If you agree, hit that like button, share this with your community, and let’s talk about the future of crypto below!
COINBASE:XRPUSD
by TheTradeTrap
LINK SWING LONG OPPORTUNITY - ALTSEASON - Altcoin MarketLINK is one of the key blue-chip assets in the crypto market. It is a well-established and reliable project compared to many newer networks and assets, which is why I prefer trading LINK. Technical Analysis: The price reached the monthly demand during the August 4th dump, got rejected, and began climbing. Following this, it broke the daily and weekly bearish structure, shifting into bullish momentum. Finally, the price broke the bearish trendline responsible for the downtrend since March 2024. The price now appears to be retracing into the weekly demand and potentially retesting the flipped bearish trendline. The weekly demand also aligns with the optimal trade entry (OTE) zone, adding extra confirmation for me. I will look for LTF confirmations to initiate a trade within the marked entry zone. SL: $9.2 TP1: $19.2 TP2: $22.8
Long
by UA_CAPITAL
2
Alt-season? Bitcoin BTC Dominance past cycles behavior analysis The best way to spot an altseason is looking at the Bitcoin BTC Dominance graph. On this analysis, of the behavior of the Bitcoin BTC Dominance, I spotted in the graph , what happened on the last two cycles, 2017 and 2021, looking back to the 2013 BTC price top. In the analysis I spotted three types of events: All Time High (ATH) Cycle Bottom Attempts to break the past cycle's ATH This brought me some interesting "coincidences" that leads to some insightful predictions. My conclusion, so far, is that an All Time High breakout is a very important moment to the possible alt season beginning. One thing that should be considered is that the current cycle has some different characteristics as, probably in detail, all of them have. This means that maybe it could take some more time to the alt season start, as it did for the ATH be finally broken. One thing I did'n mention in the video is that the BTC dominance has broken a theoretical downtrend line. That said, considering the end of the year calendar change that is a mentally important moment, I wouldn't be surprised if the altseason waits till January to pick up. To be continued...
CRYPTOCAP:BTC.D
by PedroGamaTrade
1
OTHERS D. HIGHER LOW @ BB SUPPORTHello, dear altcoin enthusiasts! Happy Friday! This is OTHERS.D on the weekly chart. FYI, OTHERS.D represents the total market cap of crypto excluding the top 10 altcoins. A higher low appears to be forming on the weekly time frame, with the Bollinger Bands holding as support. If this level holds, it could mark the starting point of the next altseason. However, we must wait for the weekly close to confirm. Patience is key. The next update will be on Sunday. Stay safe and enjoy these wonderful days we’re living in!
CRYPTOCAP:OTHERS.DLong
by vagada
is HMSTR booming?????hi everyone, I'm MSNP and today we want to talk about GATEIO:HMSTRUSDT , please follow me and support this idea after a down trend HMSTR showing potential (26% today) we had a trend line that you can see here: and a BO above it. so, what's we excepted for future? 1. in first place we need a prove and confirmation of starting new trend, so we need a bull candle above EMA. 2. we need a pullback: after this down trend (68%), after BO we need a pullback, the pullback area is marked with blue line that you can see here: 3. after pulling back and testing the bottom successfully we need to see more power from bulls, 2,3 good bull bar would be nice and after two bull bars that close on top you can buy above them for a swing 4. target is marked in chart with sky blue line that you can see here: 5. the road that i expect from HMSTR is here: thank you for reading, ask any questions and i will be there for you
Long
by imMsnP
4
DOGE vs SHIB | UPSIDE POTENTIAL | Which is Better for ALTSEASON?DOGE and SHIB have one thing in common : both are meme coins - and that is probably the only thing. They each take turns to pump and dump, based on their position in the Total Cryptocurrency by Market Cap Rank. One of these, stands to gain much more than the other due to a few reasons as pointed out in the analysis. Which one are you rooting for this altseason? Speaking of altseason; don't miss yesterday's important update on BTC, Bitcoin Dominance, TOTAL3 and altseason: _________________________ BINANCE:DOGEUSDT BINANCE:SHIBUSDT
Long
by CryptoCheck-
3
Santos is about to explode in the next few days Santos Club Fan Token is showing a strong bullish signal against BTC. It's at a discounted price today. here are few reasons that is lined up: low market up with a very strong support line. football world cup is approaching soon, usually the fan token prices climbs up crazy with such a hype espeically the fact that Santos has been listed recently in Binance features so it has big exposure and liquidity. BTC.D dominance is at top cycle level today of 61% which is hard resistance - so it's a high reward low risk indicator. Our goal in every bull run should be to maximize your btc holdings but let's be honest here, bitcoin has already attracted all the liquidity, and investors will look for high return assets which signals alt season. the trend is still up tread due to the long await of Trump moving in the white house and the official establishment of Elon's D.O.G.E department. I DO NOT have telegram group or any paid signals. all my ideas shared here for free
Long
by waelsy123
2
SHIB Swing Long Idea -SHIBA Memecoin TrendSHIB is the second-largest memecoin of all time, and I believe it hasn't reached its full potential yet. We've recently seen huge rallies in DOGE and BONK (refer to my previous analysis, where we captured over a 50% rise in BONK in just two days). I expect SHIB and DOGE to continue surging in the coming weeks. Notably, SHIB hasn’t reached its Spring 2024 high yet, unlike other memecoins, which gives me additional confidence that SHIB has much more room to grow. Technical Analysis: Price is rebounding from a monthly demand zone and has created a weekly demand zone by breaking the bearish trendline that has governed the downtrend since Spring 2024. I'm expecting a retracement back to the weekly demand (marked as the purple zone), which aligns with the Optimal Trade Entry (OTE). It may retrace as far as the trendline, or it may not. I'll be looking for confirmations within the purple zone, labeled 'Max Discount Zone. SL: 0.0152 TP: 0.0456 (Spring 2024 high)
BINANCE:1000SHIBUSDT.PLong
by UA_CAPITAL
Building Support - Right under ResistanceI actually drew these S/R levels back at the beginning of the year when we had a little mini pump. Here they are holding strong again, and we are building a nice base of action right below the first major leg of resistance. There is a slight chance, we completely burst through the entire .65-1.00 range. Sometimes all the price action is priced out, in the face of a new market dynamic. This does NOT happen everytime. And in fact, and would be healthier to see a grinding move up through these resistance zone, where price breaks through, and retest it before making another move up. Im not gonna be mad if we just rocket straight through to 1.00 and above. At that point, i'll take nearly any retest back in the 1.00-.65 zone. And reevaluate beyond that level.
Long
by VaulTradeous