Market Psychology Points to Potential Altcoin Season
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Retail sentiment could be shifting after months of crypto apathy. Analyst Merlijn highlighted that altcoin seasons often begin at points of maximum disbelief, when investors have given up. Recent weekend rallies across major altcoins indicate growing retail interest, a bullish short-term sign.
Technical signals also support rotation: Don noted a head-and-shoulders structure on the BTC Dominance chart, a bearish reversal that could drive Bitcoin’s share lower and redirect funds into altcoins.
