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When it comes to the issue of whether the altcoin season will come, there are several points to note:
The expected interest rate cut has not arrived, but this expectation is already on the way, equivalent to external easing, coupled with everyone in the US election wanting to compete for the encryption market.
2. There will be altcoin bull market in this round, but due to the large volume and smaller increase, the zones are scattered, and each zone has attraction. The degree of fund dispersion will also far exceed the past, so most altcoins will not have the same trend as meme.
3. The Ethereum ETF is quite important for the start of this round of altcoin bull market. Just as the previous ETF market expectation for BTC can drive the rise of altcoins, Ethereum is equivalent to the leader of altcoins, which will bring buying sentiment to all coins.
4. The current total market capitalization of altcoins is close to the bull market, but there are still many coins that have not outperformed the market, indicating that the market has entered a new normal. It will not be the same as the last bull run, where all sectors and projects continuously reached new all-time highs. This round will test your coin selection ability more.
#币圈观察员 #BTC $66K - $67K价格区间是目前的底部吗?