Encryption expert Rick Capital Recently discussed the Altcoin season and provided an analysis that showed why the level of the maximum market is 425 billion dollars. Meanwhile, Mags, another encryption expert, presented some ideas in which the following altseason can happen.
Why is the level of 425 billion dollars important to Altseason?
in X postRekt Capital highlighted $ 425 billion and provided an insight into the reason for this level of determining whether there is another Altcoin season. The analyst noted that the maximum Alt market has already rejected this level of $ 425 billion. However, he added some of the positives that indicate that the maximum market may exceed this level soon.
The analyst noticed this though Altcoin market hat It was very rejected, the recovery has sacrificed many previous corrections of 69 % and 85 %. This is an important sign that this is an important sign that the level of $ 425 billion is weakening as a point of rejection. As such, there is a possibility that this level can soon turn the support, which paves the way for Altseass.
The Altcoin season is known to be the period when most other metal currencies excel over the price of Bitcoin, with the unification of the main encryption during this period. Cryptogoos recently suggested that Altseason could be imminent. In X Publishing, the analyst noticed it Bitcoin hegemony Just hit the highest candle daily since 2021.
The analyst then noticed that history repeats itself because Altseass tends to come after that when Bitcoin is at the forefront of the hegemony of Bitcoin. BTC is currently more than 61 %. In the last session, it was topped in about 705 before the Altcoin season started.
An insight into the Altcoin season index
Mags, the encryption analyst presented some ideas about when Altcoin season It can start. First, he pointed out that the Altcoin season index contains two main regions: the Bitcoin season, when the index is less than 25 years old, and the Altcoin season, when it is higher than 75 years. He also indicated that the index reached its climax on December 7, 2024. Since then, Als has decreased dramatically.
Then Mags referred to historical trends, noting that when the index drops to less than 25 years, it spends a few weeks or even less months of this level before it comes out and returns to 75 years. Depending on the historical data, the analyst noted that the index entered Bitcoin seventh season of nine times between the Q2 and Q3, and it usually reaches its peak in just a few months after the bounce.
Majs stressed that if the date is repeated, there may be a strong gathering altcoin. Based on a four -year cycle, he noticed that this next gathering may be the last before Bear market Start.
Distinctive image from Adobe Stock, Chart from TradingView.com
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