The crypto market is beginning to display early indications that a new altcoin season could be approaching, as analysts reference historical patterns and technical signals hinting at a rebound after a lengthy 0 altcoins have recently lagged behind Bitcoin, bullish factors from data and macroeconomic parallels are building optimism that a change in liquidity conditions might trigger a strong market-wide rally for 1 Dominance Hits Record Oversold Levels According to crypto analyst Javon Marks, altcoin dominance has entered oversold conditions for the first time in 2 highlighted in his post that the indicator, which measures the market share of all altcoins, is now the most oversold it’s ever 3 OTHERS.
D chart shows the market dominance percentage of all cryptocurrencies except the top 10 by market 4 is a measure of the combined market share of smaller altcoins and can be used to identify broader altcoin 5 long-term chart of the OTEHRS. D movement spans over a decade, with each major low followed by an extended period of recovery and massive market 6 chart reveals that dominance has declined sharply since its 2021 peak of around 20%. At the time of writing, the OTHERS. D dominance is around 7%.
A wave trend indicator at the bottom of the chart is in deep negative territory around negative 50%, which is its lowest in 7 noted that such oversold conditions often precede strong 8 means that selling pressure has been exhausted and that a major rebound could soon 9 this pattern repeats, altcoins may be entering one of their most attractive accumulation phases in 10 Total Market Cap Excluding Top 10 Dominance.) and later resumed quantitative easing (QE). His chart of the crypto total market cap excluding Bitcoin shows a 42% decline following the end of QT in late 2019, followed by an explosive recovery after the Fed initiated QE in March 11 explained that while ending QT may ease financial pressure, it does not directly inject liquidity into the economy, something altcoins need to 12 contrast, QE or Treasury General Account (TGA) releases flood the market with liquidity and allow inflows into 13 noted that ending QT isn’t enough for alts to 14 is either the Fed starts another QE or the Treasury releases TGA liquidity into the 15 most feasible option right now is the second 16 Total Market Cap Excluding BTC.
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