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Bitcoin Stalls, Altcoins Party — Is Altseason Finally Here?
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While Bitcoin naps below $120K, the rest of the crypto market has slipped on its dancing shoes—and some are already calling it: Altseason is here.
At Monday’s Wall Street open, Bitcoin stayed rangebound at around $116,778, still failing to rechallenge its recent all-time highs. Meanwhile, altcoins like Solana (+10%) and Dogecoin (+10%) were busy moonwalking into the spotlight. Yes, Dogecoin is back. Again.
So what’s going on? And should you be rotating your capital or just rotating your neck from all the chart watching?
Bitcoin: Strong But SleepyBitcoin has been consolidating below the $120K level, much to the frustration of laser-eyed maximalists. According to analysts at Material Indicators, BTC could still rebound—if it dips further to test the trend line support around $110K, its previous all-time high.
“A test of support could be healthier for BTC than continued sideways action,” they noted. “It might even trigger a rotation back from alts to Bitcoin.”So, ironically, a dip could be bullish. That’s crypto for you.
But not everyone’s feeling the hopium. Trader Roman pointed to bearish divergences on the RSI and MACD, plus weak volume at the highs.
“Big bear divs + alts running = liquidity rotation. The bull run might be ending. Buy alts while you still can,” he warned.
Altcoins Take the WheelWith BTC dominance slipping from 64% to 60%, capital is clearly rotating into altcoins. And some of them are… eating McDonald’s?
No, really—XRP’s market cap just surpassed McDonald’s.
Let that sink in. XRP is now worth more than the Golden Arches. Whether you think that’s bullish for crypto or terrifying for markets, it’s a headline that turns heads.
Meanwhile, QCP Capital flagged the rise in “altseason indexes,” now above 50—their highest reading since last December. According to their analysis:
ETH market share rose from 9.7% to 11.6% last week. Bitcoin can’t reclaim $121K. Altcoin season? Very likely already in motion.🧠 TL;DR
Bitcoin is consolidating below $120K, and some see a dip to $110K as bullish. Analysts are split: Some call for a breakout, others warn the bull run is stalling. Altcoins are booming: Solana, Doge, and XRP are leading the charge. XRP’s market cap is now larger than McDonald’s, and that’s not even the weirdest thing this week. Altseason indexes are flashing green, and BTC dominance is sliding.
Final ThoughtsIf Bitcoin's the anchor of the crypto market, altcoins are currently the fireworks. Whether it’s a temporary diversion or the beginning of a major capital shift, one thing’s clear: money is moving fast, and memes are making gains.
So… is it really Altseason? Or just a flashy pit stop before Bitcoin takes back the wheel?
Either way, keep your stop-loss tight and your Twitter timeline open. It’s going to be a fun week.
-
While Bitcoin naps below $120K, the rest of the crypto market has slipped on its dancing shoes—and some are already calling it: Altseason is here.
At Monday’s Wall Street open, Bitcoin stayed rangebound at around $116,778, still failing to rechallenge its recent all-time highs. Meanwhile, altcoins like Solana (+10%) and Dogecoin (+10%) were busy moonwalking into the spotlight. Yes, Dogecoin is back. Again.
So what’s going on? And should you be rotating your capital or just rotating your neck from all the chart watching?
Bitcoin: Strong But SleepyBitcoin has been consolidating below the $120K level, much to the frustration of laser-eyed maximalists. According to analysts at Material Indicators, BTC could still rebound—if it dips further to test the trend line support around $110K, its previous all-time high.
“A test of support could be healthier for BTC than continued sideways action,” they noted. “It might even trigger a rotation back from alts to Bitcoin.”So, ironically, a dip could be bullish. That’s crypto for you.
But not everyone’s feeling the hopium. Trader Roman pointed to bearish divergences on the RSI and MACD, plus weak volume at the highs.
“Big bear divs + alts running = liquidity rotation. The bull run might be ending. Buy alts while you still can,” he warned. Altcoins Take the WheelWith BTC dominance slipping from 64% to 60%, capital is clearly rotating into altcoins. And some of them are… eating McDonald’s?
No, really—XRP’s market cap just surpassed McDonald’s.
Let that sink in. XRP is now worth more than the Golden Arches. Whether you think that’s bullish for crypto or terrifying for markets, it’s a headline that turns heads.
Meanwhile, QCP Capital flagged the rise in “altseason indexes,” now above 50—their highest reading since last December. According to their analysis:
ETH market share rose from 9.7% to 11.6% last week. Bitcoin can’t reclaim $121K. Altcoin season? Very likely already in motion.🧠 TL;DR
Bitcoin is consolidating below $120K, and some see a dip to $110K as bullish. Analysts are split: Some call for a breakout, others warn the bull run is stalling. Altcoins are booming: Solana, Doge, and XRP are leading the charge. XRP’s market cap is now larger than McDonald’s, and that’s not even the weirdest thing this week. Altseason indexes are flashing green, and BTC dominance is sliding. Final ThoughtsIf Bitcoin's the anchor of the crypto market, altcoins are currently the fireworks. Whether it’s a temporary diversion or the beginning of a major capital shift, one thing’s clear: money is moving fast, and memes are making gains.
So… is it really Altseason? Or just a flashy pit stop before Bitcoin takes back the wheel?
Either way, keep your stop-loss tight and your Twitter timeline open. It’s going to be a fun week.
