Crypto expert Rekt Capital The Altcoin season recently discussed and provided an analysis that showed why the market capitalization of $ 425 billion is important. In the meantime, Magazine, another crypto expert, gave some insights into the next old Sea season.
Why the level of 425 billion US dollars is important for AltSeason
In X PostREKT Capital emphasized the level of 425 billion US dollars and provided insights into why this level decision is Altcoin season. The analyst found that the old market capitalization actually rejected this 425 -billion dollar level. However, he added some positive people who point out that market capitalization could soon exceed this level.
The analyst noticed this, even though the Altcoin market capitalization Very rejected, tracking is much flatter than the previous corrections of 69% and 85%. REKT Capital added that this is an important sign that the level of 425 billion US dollars weakens as a rejection point. Therefore, there is the likelihood that this level could soon go to support and pave the way for an old season.
It is known that this old coin season is a period in which most other coins exceed the Bitcoin price, with the flagship crypto consolidated during this period. The crypto analyst cryptogoos recently suggested that the AltSeason was imminent. In an X contribution, the analyst provided the festival Bitcoins dominance Simply beat the highest daily candle closure since 2021.
The analyst then noticed that the story is repeated because the old Season comes next when Bitcoins dominance is dominant. The dominance of BTC is currently a little more than 61%. In the last cycle it was around 705 before the Altcoin season started.
Insight into the Altcoin season index
Crypto Analyst Mags gave some insights into when they Altcoin season could begin. First of all, he found that the Altcoin season has two important zones: Bitcoin season when the index is below 25 and the Altcoin season is over 75. He further found that the index reached its climax on December 7, 2024. Since then, the olds have been massively injured.
Magazine then alluded to historical trends and found that the index under the age of 25 spends a few weeks or even months below this level before declining over 75 for an old Sea season. Based on historical data, the analyst noticed that the index between the second quarter and the third quarter has entered the Bitcoin season seven out of nine times and usually reached its peak in a few months after the jump.
Magazine assured that there could soon be a strong Altcoin rally if the story is repeated. Based on the four -year cycle, he noticed that this next rally could be the last one before the Bais begins.
Selected picture of Adobe Stock, diagram of tradingview.com
Editorial process Because Bitcoinist focuses on delivering thoroughly researched, accurate and impartial content. We comply with strict procurement standards and each page is diligently checked by our team of top technology experts and experienced editors. This process ensures the integrity, relevance and the value of our content for our readers.