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Indicators Point to the Beginning of the “Road to Altcoin Season”

Indicators Point to the Beginning of the “Road to Altcoin Season”

HappyCoinNewsHappyCoinNews2025/01/30 01:44
By:HappyCoinNews

The altcoin market is entering a key phase 2, otherwise known as the “Road to Altcoin Season.” According to analysts, the altcoin downtrend since 2021 has finally been broken, which sets the stage for a potential rally. On top of that, Ethereum is increasingly being predicted to compete with Bitcoin.

The Road to Altcoin Season is Composed of Four Phases, Beginning with Bitcoin Dominance, Followed by a New Leader эфириум . Then comes a breakthrough in capitalization, ending with a full-fledged rally in altcoins.

Despite a difficult start to the year, эфириум could show significant upward momentum. Optimism about its growth is driven by several factors.

Institutional investors are investing in large-cap altcoins such as Polkadot . Tuttle Capital recently applied for a 2x $DOT loan ETF This move is seen as a bullish indicator for Polkadot and the entire altcoin sector.

Technical charts further reinforce this sentiment. DOT’s recent price action has followed the classic 5-wave structure typical of Elliott Wave Theory. Analysts are noting the end of a larger wave 1 and its subsequent corrective wave 2. This means that the current price action may be in its next phase. Wave 3, usually the longest and most powerful in an Elliott Wave cycle, is now inevitable, some analysts believe.

Mid-cap altcoins like Alchemy Pay (ACH) also saw double-digit gains, registering an impressive 118% net gain. This signals the early stages of an altcoin renaissance. Analysts predict this is just the beginning, with targets including a potential 55x gain.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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