Altcoin season, will it come next months?

Kocret02

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Quote from: MusaMohamed

Bitcoin eventually stopped it boring and uncertain time after about more than 10 weeks of correction. Now it starts to rise sharply and will retest its all time high again.

Ethereum has a big pump today too.

If you see the graphics above is insightful and contains fact in this market, Bitcoin and Ethereum already shown their roles and next months will be for an altcoin season.

It's not an altcoin season yet but you can buy altcoins now and wait for altcoin season.
https://www.blockchaincenter.net/en/altcoin-season-index/

If you think that altcoin season is coming soon then I agree but if you say next month is altcoin season then I don't agree with you. because there is no one I can trust here who can provide accurate information. and if you say altcoin you should be talking ethereum because apart from bitcoin it is an altcoin.

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Yes, the Bitcoin halving seems capable of triggering price increases not only in Bitcoin itself, but also has an impact on top altcoins such as ETH and several other altcoins. I personally have added Altcoin investments and am waiting for the upcoming altcoin season.

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Quote from: bluebit25 on June 01, 2024, 02:47:23 AM

Quote from: rodskee on June 01, 2024, 02:02:17 AM

While I wanted to believe in this but what we are looking is bitcoin should do first so how come
that we will be having ALtcoin season in June when Bitcoin is still struggling? I mean bitcoin is working
hard to maintain its growth and also bitcoin is still not breaking ATH after Halving in which I believe the
sign for the market to show how it works and how it will be making the generous increase in the
whole crypto market.

First of all, bitcoin has surpassed the old ATH mark of $69k, and I know many people here also witnessed bitcoin's journey from $15k to the present time and always look forward to the opportunity when they have missed it many times. And we are still in an uptrend, short-term fluctuations of about 30% are not too strange, so the shift to altcoins depends on each person's approach. For me the majority of the portfolio is in bitcoin, but I'm still honest that the current volatility gives me exposure to altcoins.

I think the altcoins season is always here so we don't need to be too panick about the state of the market.
We are still going to make good profits from the crypto market and all we need to do is to ensure that we keep buying and hold because the bull is still going to move well and investors are going to make huge profits from the market.
There are still undervalued cryptocurrency tokens we can buy to hold for the bull market so we can earn massively with time.

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Quote from: rodskee on June 01, 2024, 02:02:17 AM

While I wanted to believe in this but what we are looking is bitcoin should do first so how come
that we will be having ALtcoin season in June when Bitcoin is still struggling? I mean bitcoin is working
hard to maintain its growth and also bitcoin is still not breaking ATH after Halving in which I believe the
sign for the market to show how it works and how it will be making the generous increase in the
whole crypto market.

First of all, bitcoin has surpassed the old ATH mark of $69k, and I know many people here also witnessed bitcoin's journey from $15k to the present time and always look forward to the opportunity when they have missed it many times. And we are still in an uptrend, short-term fluctuations of about 30% are not too strange, so the shift to altcoins depends on each person's approach. For me the majority of the portfolio is in bitcoin, but I'm still honest that the current volatility gives me exposure to altcoins.

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Quote from: MusaMohamed on May 20, 2024, 08:08:54 PM

Sources of image.

https://x.com/rektcapital/status/1792651187784699931
https://x.com/SecretsOfCrypto/status/1388967948979609603

While I wanted to believe in this but what we are looking is bitcoin should do first so how come
that we will be having ALtcoin season in June when Bitcoin is still struggling? I mean bitcoin is working
hard to maintain its growth and also bitcoin is still not breaking ATH after Halving in which I believe the
sign for the market to show how it works and how it will be making the generous increase in the
whole crypto market.

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Quote from: Godday on May 28, 2024, 02:55:05 AM

Altcoin season is usually followed by a trending narrative. I think that altcoin season doesn't really exist. Because as you said altcoins really depend on their campaigns and how popular their projects are. But usually when bitcoin enters a bull run season some altcoins will also be bullish and because of that people often call it altcoin season. I think so.

The bear and bull season determines the life's of most investors and traders. Don't overworked because the market comes with promising projects which have been the tendency to nod in enormous profits. I've worked very hard to reach this stage and falling back is never an option. This season is mainly for gamblers, they know what they're risking and they do well to comprehend the system. What are you even saying? This is altcoin season, it's obvious it's getting clearer.

woez

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Quote from: glendall on May 30, 2024, 08:33:42 AM

It seems like this season the altcoin session is hard to predict, if it really happens next month it's possible that only the top/favorite tokens will rise, not for meme tokens or altcoins that no longer have a strong community

It seems like your prediction is pretty close and if you look at a lot of coins that have fundamentals, haven't had a good upside chance during this period, bookies are just pumping meme coins.

Yes. I think they will review and do it to coins that have never risen at all in the sense that the increase is only small if taken into account in general.

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It seems like this season the altcoin session is hard to predict, if it really happens next month it's possible that only the top/favorite tokens will rise, not for meme tokens or altcoins that no longer have a strong community

rodskee

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Quote from: Belarge on May 24, 2024, 05:16:27 PM

Quote from: batang_bitcoin on May 23, 2024, 04:48:56 PM

The first sign that we'll see altcoin season is when BTC moved a lot. From what we've seen lately, it moved a lot but still not enough to say that we're in the altcoin season. Usually it comes after BTC so, if you see that there's a huge correction after sudden pumping of BTC, it's not yet the time IMO. But that graph is a good guide if someone isn't confident with their own analysis, you can use that a reference but still the market has always been unpredictable.

Altcoins have their own season where they tend to explore and keep the huge pumps coming in. We just have to portrayed good strategy inother to stay low and observed the market. There are other good paths to acknowledge in the space, we should always be careful when dealing with the market because surprises comes to us when we're not prepared to face them.

expect no specification instead be ready to what may come in our investments because
altcoins need to grow after bitcoin do its way up , sadly that is the trend and we need to deal with that.

Quote

BTC will not move in the expected direction, because this particular project is filled with volatility.

wrong , bitcoin will move to such direction depending in timing but if you
are talking here in this season when after halving is in place?then the chance of
making or in growing is always there, it may not be coming next month but we are close
in tasting that.

MiF

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I think the altcoin season is near but next month is i think so early for altcoins to rise, bitcoin is now drop to 67k$ and we still don't know if it will continue to drop so we still need to be careful, 67k$ price of bitcoin is already high price but altcoins is still calm and no sign of alt season i think if bitcoin reach 75k$ altcoins will start to move.

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You should be less bothered about which season it is and start buying some already, we all know that it's the bull and price would soar this season, so for sure altcoin time would come you just have to prepared and buy some altcoin for yourself.

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Quote from: hamba laeh on May 26, 2024, 02:09:57 PM

I think the altcoin season has arrived and now many altcoins have risen. Please see for yourself the difference in altcoin prices. Even memecoins like Pepe have been gradually increasing for some time now. even ethereum too. has increased again. So what do you mean by altcoin season? and which altcoin do you mean?

Altcoins are related with Bitcoin price and in most of the cases when there is a surge in Bitcoins price like it has been increased to the value of 69k$ so altcoins like ethereum and many others are also increasing which means that if someone wants to take profit from altcoins then he can easily take it now.

Meme coins are very much higher and therefore the interest of individuals in meme coins investment is increasing. Beside the risky features of meme coins people are continuously investing in meme coins because presently its growth is successful.

d3nz

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It's really hard to foresee what will happen next and when the altcoin season will come. Best of the best is to always check the market cycle and BTC dominance then you will know when the trend will come and I think that relying on this kind of tactics/strategy will surely win you a profit.

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It's difficult to determine when the bull run will come with certainty, but you need to know that the bull run will definitely come, I suggest that before this time comes, it's best for you to prepare provisions to be able to use them right Of course you have to prepare coins that have the potential to make a profit later,

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Quote from: Godday on May 28, 2024, 02:55:05 AM

Quote from: laijsica on May 27, 2024, 11:48:32 PM

You are right that the value of altcoin mostly depends on the various activities of their developers and their campaigns. They should not be compared to the value of Bitcoin as it started on a small scale in the past but its credibility is at its highest due to the increase in the number of investors and the decentralized system. But most altcoins have not been able to retain their credibility. But some alt must be trusted and relatively safe to be selected through review.

Altcoin season is usually followed by a trending narrative. I think that altcoin season doesn't really exist. Because as you said altcoins really depend on their campaigns and how popular their projects are. But usually when bitcoin enters a bull run season some altcoins will also be bullish and because of that people often call it altcoin season. I think so.

Yeah true, when the bull run starts and everything starts to go up (and mainly bitcoin) even the terrible projects end up getting some funding. I remember both in 2017 period and in 2021 period there were a lot of shitcoins that ended up going super high, and that is why I think it's quite clear that we are going to end up with something much more different.

Of course that is not going to be easy for many people, because they will invest into things thinking that they are going to do fine, but then in the end we are going to see things change. We should be considering how we could move towards being better eventually, and that is going to be the profitable thing that helps us. Just go with top ranked ones, and you should be fine.

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Quote from: laijsica on May 27, 2024, 11:48:32 PM

You are right that the value of altcoin mostly depends on the various activities of their developers and their campaigns. They should not be compared to the value of Bitcoin as it started on a small scale in the past but its credibility is at its highest due to the increase in the number of investors and the decentralized system. But most altcoins have not been able to retain their credibility. But some alt must be trusted and relatively safe to be selected through review.

Altcoin season is usually followed by a trending narrative. I think that altcoin season doesn't really exist. Because as you said altcoins really depend on their campaigns and how popular their projects are. But usually when bitcoin enters a bull run season some altcoins will also be bullish and because of that people often call it altcoin season. I think so.

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Quote from: MusaMohamed on May 20, 2024, 08:08:54 PM

Sources of image.

https://x.com/rektcapital/status/1792651187784699931
https://x.com/SecretsOfCrypto/status/1388967948979609603

Bitcoin eventually stopped it boring and uncertain time after about more than 10 weeks of correction. Now it starts to rise sharply and will retest its all time high again.

Ethereum has a big pump today too.

If you see the graphics above is insightful and contains fact in this market, Bitcoin and Ethereum already shown their roles and next months will be for an altcoin season.

It's not an altcoin season yet but you can buy altcoins now and wait for altcoin season.
https://www.blockchaincenter.net/en/altcoin-season-index/

I think we have to wait a little more before altcoins season begins. There is a dump in the market especially after the halving people got disappointed because the market didn't responded the way people were expecting it to.

So in order to be on a safe side we should ignore short term investments at the time. Yes if you're planning something long then you can go ahead it could be the best time possibly.

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Quote from: MRY on May 27, 2024, 05:29:15 PM

Quote from: kentrolla on May 27, 2024, 02:50:01 PM

Agreed, We have seen similar price action in the past as well if Bitcoin goes up Altcoins goes up and if Bitcoin drop so does Altcoins. There is a catch here wherein Bitcoin have tendency to recover post bear run but Altcoins most of them will not be able to recover. I have only seen ETH apart from Bitcoin which has always bounced back after bloodbath during bear market. This time we have other coins as well lie Solana to choose.

Altcoin price movements do not always follow Bitcoin price movements. We can see that when the price of Bitcoin falls, sometimes the price of altcoins still experiences an increase in price. Basically, altcoin prices have price movements depending on the development of the project they are developing, so Bitcoin price movements are not always a reference for altcoin price movements.

You are right that the value of altcoin mostly depends on the various activities of their developers and their campaigns. They should not be compared to the value of Bitcoin as it started on a small scale in the past but its credibility is at its highest due to the increase in the number of investors and the decentralized system. But most altcoins have not been able to retain their credibility. But some alt must be trusted and relatively safe to be selected through review.

Fullcoinese

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Quote from: SATWAT on May 27, 2024, 06:51:07 PM

A good point which is missing by many with they are expecting good run in bitcoin can bring better results in crypto as well which is not easy because many times are having huge decline in crypto while we are having good movement in Bitcoin with things can take any direction while its never follow this all.
Currently as situation is going we can expect any side movement with most chances things can go positive which could be good and having good chance of going for long time specially if we are going to have $4000 in Ether then surely we will have good rise in crypto which will go for the long time.

The main thing is maybe we can see Bitcoin is quite strong with its position first. because Bitcoin movements will greatly influence the potential for altcoin market growth.
If Bitcoin is not strong enough and stable after the pump or briefly experiences a correction it will be very difficult to see the altcoin making a lasting increase. the price will be very quickly affected by the movement of Bitcoin.

some altcoins can create their trends. but not to form an altcoin season.

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Quote from: danherbias07 on May 27, 2024, 10:01:31 AM

I don't believe in such things anymore. All I know is that Ethereum will always be dragged by how the Bitcoin market moves which is why I only monitor Bitcoin right now and just let my altcoins do their own value increase which depends on the hype and the demand of their product.
I mean, I don't want to expect anymore. With different stablecoins out there, the ruling of Bitcoin down, and altcoin up, is gone forever. Sure, there will be movement with different altcoins but it's not like every name listed in the market will be dragged by it.
Right now, I am just picking the altcoins which are also growing while Bitcoin is in demand. Ethereum is one, the others are so rare that they are like a needle in a haystack. It's best to probably just pick altcoins that you think have a good future in this wild market.

Things are different, the usual pattern of bitcoin down while altcoin up which indicates altcoin season back then is no more.
nowaday its just the market following the trend, most of altcoins are independent to each other, but usually a coin that are layer 2 depends on the price of layer 1, if it rise then the layer 2 will also rise.
here's some example why such thing is actually happening.

that is the comparation chart of stacks which actually just layer 2 of bitcoin with smart contract capability, if you observe the price of these two, you will see similarity, it means some of altcoins that are layer 2 kind of depends on the layer 1 price.
the other altcoin of different narrative such as RWA or depin is different, it is sometime climbing the ladder on its own regardless of the current trend, but silver lining is that, if bitcoin rise, the other altcoin also have higher of chance to rise as well since the capital
flowing to the market is more immense, therefore its as easy as following the trend.
for altcoin season, i guess there gonna be no such thing anymore, what still there is crypto season where all crypto including bitcoin and altcoin just goes up due to current market sentiment.

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Quote from: MRY on May 27, 2024, 05:29:15 PM

Quote from: kentrolla on May 27, 2024, 02:50:01 PM

Agreed, We have seen similar price action in the past as well if Bitcoin goes up Altcoins goes up and if Bitcoin drop so does Altcoins. There is a catch here wherein Bitcoin have tendency to recover post bear run but Altcoins most of them will not be able to recover. I have only seen ETH apart from Bitcoin which has always bounced back after bloodbath during bear market. This time we have other coins as well lie Solana to choose.

Altcoin price movements do not always follow Bitcoin price movements. We can see that when the price of Bitcoin falls, sometimes the price of altcoins still experiences an increase in price. Basically, altcoin prices have price movements depending on the development of the project they are developing, so Bitcoin price movements are not always a reference for altcoin price movements.

A good point which is missing by many with they are expecting good run in bitcoin can bring better results in crypto as well which is not easy because many times are having huge decline in crypto while we are having good movement in Bitcoin with things can take any direction while its never follow this all.
Currently as situation is going we can expect any side movement with most chances things can go positive which could be good and having good chance of going for long time specially if we are going to have $4000 in Ether then surely we will have good rise in crypto which will go for the long time.

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Quote from: enwi on May 24, 2024, 06:17:10 PM

Quote from: kamvreto on May 24, 2024, 05:47:59 PM

Quote from: Bureau on May 23, 2024, 08:58:36 PM

With the approval of Ethereum ETFs there is a big chance of alt season to start by next month. Already most altcoins are in green today while Bitcoin is in red which is a sign that alt season is coming soon. I am expecting a big bull run this year wherein we will see both Bitcoin and Ethereum creating new ATH before the year end. This will naturally create a rally for altcoins to follow these two dominant force in crypto market.

The approved Ethereum ETF is positive news that will push the price of ETH higher and other altcoins will certainly be affected. I'm quite happy with the good news as I've also started holding some of the top altcoins and indeed waited for AltSeason to actually arrive. But whether AltSeason comes next month or not is still uncertain, because there will be many obstacles that will occur. But the hope is that AltSeason will happen soon, which will provide a lot of profit for diamond hands that hold back the long term.

That's right, the Ethereum ETF provides very good news for altcoin price movements. Soon we will start the movement of the altcoin season which begins with a very high increase in Ethereum prices because they managed to enter the Ethereum ETF. AltSeason is coming soon, maybe in a few days time.

Don't expect that in a few days it might happen this year so that the altcoin trend gets stronger and the altseason occurs quite perfectly. ETH needs to break through $4000 to reach the next higher price. the important thing is that Bitcoin remains stable and there is no FUD to throw this whole party into chaos.

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Quote from: kentrolla on May 27, 2024, 02:50:01 PM

Agreed, We have seen similar price action in the past as well if Bitcoin goes up Altcoins goes up and if Bitcoin drop so does Altcoins. There is a catch here wherein Bitcoin have tendency to recover post bear run but Altcoins most of them will not be able to recover. I have only seen ETH apart from Bitcoin which has always bounced back after bloodbath during bear market. This time we have other coins as well lie Solana to choose.

Altcoin price movements do not always follow Bitcoin price movements. We can see that when the price of Bitcoin falls, sometimes the price of altcoins still experiences an increase in price. Basically, altcoin prices have price movements depending on the development of the project they are developing, so Bitcoin price movements are not always a reference for altcoin price movements.

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Quote from: danherbias07 on May 27, 2024, 10:01:31 AM

I don't believe in such things anymore. All I know is that Ethereum will always be dragged by how the Bitcoin market moves which is why I only monitor Bitcoin right now and just let my altcoins do their own value increase which depends on the hype and the demand of their product.
I mean, I don't want to expect anymore. With different stablecoins out there, the ruling of Bitcoin down, and altcoin up, is gone forever. Sure, there will be movement with different altcoins but it's not like every name listed in the market will be dragged by it.
Right now, I am just picking the altcoins which are also growing while Bitcoin is in demand. Ethereum is one, the others are so rare that they are like a needle in a haystack. It's best to probably just pick altcoins that you think have a good future in this wild market.

Agreed, We have seen similar price action in the past as well if Bitcoin goes up Altcoins goes up and if Bitcoin drop so does Altcoins. There is a catch here wherein Bitcoin have tendency to recover post bear run but Altcoins most of them will not be able to recover. I have only seen ETH apart from Bitcoin which has always bounced back after bloodbath during bear market. This time we have other coins as well lie Solana to choose.

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Quote from: danherbias07 on May 27, 2024, 10:01:31 AM

I don't believe in such things anymore. All I know is that Ethereum will always be dragged by how the Bitcoin market moves which is why I only monitor Bitcoin right now and just let my altcoins do their own value increase which depends on the hype and the demand of their product.
I mean, I don't want to expect anymore. With different stablecoins out there, the ruling of Bitcoin down, and altcoin up, is gone forever. Sure, there will be movement with different altcoins but it's not like every name listed in the market will be dragged by it.
Right now, I am just picking the altcoins which are also growing while Bitcoin is in demand. Ethereum is one, the others are so rare that they are like a needle in a haystack. It's best to probably just pick altcoins that you think have a good future in this wild market.

the rise of ETH because of the ETF i think will also make altcoins go up which is why the altcoin season might just be around the corner and it only needs the momentum to be reset and it looks like its already happening while Trump is making crypto more mainstream.

he is saying a lot of things but doesn't really make people believe in them but the idea is there. crypto is becoming mainstream and most likely everyone will be onboard on crypto because its a free advertisement for all.

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I don't believe in such things anymore. All I know is that Ethereum will always be dragged by how the Bitcoin market moves which is why I only monitor Bitcoin right now and just let my altcoins do their own value increase which depends on the hype and the demand of their product.
I mean, I don't want to expect anymore. With different stablecoins out there, the ruling of Bitcoin down, and altcoin up, is gone forever. Sure, there will be movement with different altcoins but it's not like every name listed in the market will be dragged by it.
Right now, I am just picking the altcoins which are also growing while Bitcoin is in demand. Ethereum is one, the others are so rare that they are like a needle in a haystack. It's best to probably just pick altcoins that you think have a good future in this wild market.

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Quote from: MusaMohamed on May 20, 2024, 08:08:54 PM

If you see the graphics above is insightful and contains fact in this market, Bitcoin and Ethereum already shown their roles and next months will be for an altcoin season.

It's not an altcoin season yet but you can buy altcoins now and wait for altcoin season.
https://www.blockchaincenter.net/en/altcoin-season-index/

The kings have shown their performance in the market. BTC and ETH and exactly as depicted in the post above, maybe the time has come for altcoin season.

I think this is also the moment that most people are looking forward to besides BTC and ETH in the near future.

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Quote from: MusaMohamed on May 20, 2024, 08:08:54 PM

Bitcoin eventually stopped it boring and uncertain time after about more than 10 weeks of correction. Now it starts to rise sharply and will retest its all time high again.

Ethereum has a big pump today too.

If you see the graphics above is insightful and contains fact in this market, Bitcoin and Ethereum already shown their roles and next months will be for an altcoin season.

It's not an altcoin season yet but you can buy altcoins now and wait for altcoin season.
https://www.blockchaincenter.net/en/altcoin-season-index/

Tried looking past price history based on your words and since 2021 ethereum price has not seen much progress. However, its pumping has been increasing significantly recently and may do better for the future.

https://www.statista.com/statistics/806453/price-of-ethereum/

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Quote from: kamvreto on May 24, 2024, 05:47:59 PM

Quote from: Bureau on May 23, 2024, 08:58:36 PM

With the approval of Ethereum ETFs there is a big chance of alt season to start by next month. Already most altcoins are in green today while Bitcoin is in red which is a sign that alt season is coming soon. I am expecting a big bull run this year wherein we will see both Bitcoin and Ethereum creating new ATH before the year end. This will naturally create a rally for altcoins to follow these two dominant force in crypto market.

The approved Ethereum ETF is positive news that will push the price of ETH higher and other altcoins will certainly be affected. I'm quite happy with the good news as I've also started holding some of the top altcoins and indeed waited for AltSeason to actually arrive. But whether AltSeason comes next month or not is still uncertain, because there will be many obstacles that will occur. But the hope is that AltSeason will happen soon, which will provide a lot of profit for diamond hands that hold back the long term.

BTC ETF and ETH ETF have become a strong proof if crypto is starting to be adopted by so many big companies. If this will still conitnue and im totally believing that if altcoin will season come as soon as possible, The main requirement if bitcoin must be bulish in order to help altcoin to perform even better this season.

If bitcoin will still do sideways altcoin season will not even come soon. This is caused by altcoins will increas as long as bitcoin breaks a new ATH. This is gonna very help ful for the whole of crypto.

Crypto will be stable if bitcoin will not be increasing as soon as possible. Never try to have a big expectation for this. Altcoin will remain stable as long as bitcoin will not make a big move like being pumped to the above 75k

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If we would base on what happens usually, Altcoin season takes place after Bitcoin dominance. But if it is just an speculation and overall possibility, then yes it may take place this year given that Bitcoin is now making its move on the uptrend and what's best to do now if you are more looking forward with altcoin season, wait for bitcoin to create another all time high. Next thing to happen is a sudden decline then recovery will be taking place for altcoins wherein big coins will make their own ATH. What's the plan? Be patient and know when to make an action. Avoid FOMOs and stick with your plan.

Quote from: strunberg on May 26, 2024, 11:48:41 AM

Quote from: Bushdark on May 26, 2024, 06:51:30 AM

We are already in the altcoins seasons and we just have to take the opportunity to invest now before the price keeps going bullish.
This is one of the best time to make money in the market if we really want earn from this altcoins season.
There are already investors that have accumulated enought tokens for the bull that has already commenced.

It's true that now we have entered the altcoin accumulation season because the bull run season is almost here. All we need to do is do a DCA and hold your altcoin. Use your cold money because this is a long term investment. I personally have accumulated several altcoins and I have a target that 2025 is the bullrun season for altcoins.

On my end, I think alt season is yet to come. Bitcoin still is not done with its dominance. Bearish pattern is still not clear at this point. But yes, anything could really happen given how unpredictable this market is, in general. Would be fine eitherway since at this moment, there are still rooms for accumulation.

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I think the altcoin season has arrived and now many altcoins have risen. Please see for yourself the difference in altcoin prices. Even memecoins like Pepe have been gradually increasing for some time now. even ethereum too. has increased again. So what do you mean by altcoin season? and which altcoin do you mean?

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Quote from: Bushdark on May 26, 2024, 06:51:30 AM

We are already in the altcoins seasons and we just have to take the opportunity to invest now before the price keeps going bullish.
This is one of the best time to make money in the market if we really want earn from this altcoins season.
There are already investors that have accumulated enought tokens for the bull that has already commenced.

It's true that now we have entered the altcoin accumulation season because the bull run season is almost here. All we need to do is do a DCA and hold your altcoin. Use your cold money because this is a long term investment. I personally have accumulated several altcoins and I have a target that 2025 is the bullrun season for altcoins.

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Quote from: oktana on May 26, 2024, 06:44:14 AM

Quote from: Jawhead999 on May 22, 2024, 10:22:25 AM

Quote from: Mpamaegbu on May 20, 2024, 08:53:13 PM

I don't understand what you actually meant by ETH outperforming Bitcoin when we know that Bitcoin dominance of the market is still above 51% while ETH has 16%. There's still a huge gap.

I think he meant if ETH price increased higher than Bitcoin price in terms of percentage, ETH outperform BTC. Cheesy

But it's only outperform in that time.

True but nonetheless both of them are not in the same league (in terms of value). Bitcoin would increase in the dollars more than the value of 1ETH. Because it is like an elephant. Looks heavy and slow but each footprint is usually deep. Even if the fox will run faster. Haha! It’s just hard to accept the statement anyway, even if I get it.

We are already in the altcoins seasons and we just have to take the opportunity to invest now before the price keeps going bullish.
This is one of the best time to make money in the market if we really want earn from this altcoins season.
There are already investors that have accumulated enought tokens for the bull that has already commenced.

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Quote from: Jawhead999 on May 22, 2024, 10:22:25 AM

Quote from: Mpamaegbu on May 20, 2024, 08:53:13 PM

I don't understand what you actually meant by ETH outperforming Bitcoin when we know that Bitcoin dominance of the market is still above 51% while ETH has 16%. There's still a huge gap.

I think he meant if ETH price increased higher than Bitcoin price in terms of percentage, ETH outperform BTC. Cheesy

But it's only outperform in that time.

True but nonetheless both of them are not in the same league (in terms of value). Bitcoin would increase in the dollars more than the value of 1ETH. Because it is like an elephant. Looks heavy and slow but each footprint is usually deep. Even if the fox will run faster. Haha! It’s just hard to accept the statement anyway, even if I get it.

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Quote from: Volimack on May 22, 2024, 10:21:39 PM

The price of altcoins is rising after the ETF is approved so it looks like the altcoin season is about to start soon. A certain altcoin is the best for investment and also has a good long-term potential. Although my selection may differ from everyone else's, 2022 has been a challenging year for the crypto space, which has caused most coins to fall in price. The new year brings hope that the crypto market can overcome losses.

I think BTC is the first to experience the positive effect of the ETF and most of the times, alts will only rise because BTC is rising. ETF for BTC acceptance have occurred a long time ago and I think there is no alt season that happened yet. There are only a couple of alts and tokens that are pumping which may not be considered as an alt season. Maybe we will need to witnessed the acceptance of ETF for ETH first before we see it? The chance is high since ETH is also an altcoin and the event could surely boost its price too.

ETH is also like a BTC that other alts and tokens can follow whatever it is doing. 2022 is sure a tragic year but it's not the first and not going to be the last. There are still positive times/years in between them and this current year seems to be one of it.

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Quote from: 3la9l_kolbaCa on May 22, 2024, 10:30:23 AM

That's only his opinion based on analysis, I don't see it in reality of Bitcoin market right now. The huge difference of eth and btc price is hard to break, if there's a probability of altcoin season for next coming months then we will wait and see. Predictions is hard to foresee, performance of altcoins is still getting more interesting for most holders and with positivity I think everything will follow in perfect timing.

Bitcoin is the top investment coin and no other coin can go higher than this even Ethereum cannot be more successful than Bitcoin. Ethereum is altcoins and is one of most preferable altcoin currently but we cannot assume that the value of Ethereum can ever go higher or become similar with Bitcoin.

Most of the altcoins are getting successful as the time passes and as we are examining Bitcoin increasing worth so every altcoins is also providing a very suitable option for investment and very soon the season of altcoins will start but the accurate timing is not easy to know in advance.

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Quote from: kamvreto on May 24, 2024, 05:47:59 PM

Quote from: Bureau on May 23, 2024, 08:58:36 PM

With the approval of Ethereum ETFs there is a big chance of alt season to start by next month. Already most altcoins are in green today while Bitcoin is in red which is a sign that alt season is coming soon. I am expecting a big bull run this year wherein we will see both Bitcoin and Ethereum creating new ATH before the year end. This will naturally create a rally for altcoins to follow these two dominant force in crypto market.

The approved Ethereum ETF is positive news that will push the price of ETH higher and other altcoins will certainly be affected. I'm quite happy with the good news as I've also started holding some of the top altcoins and indeed waited for AltSeason to actually arrive. But whether AltSeason comes next month or not is still uncertain, because there will be many obstacles that will occur. But the hope is that AltSeason will happen soon, which will provide a lot of profit for diamond hands that hold back the long term.

That's right, the Ethereum ETF provides very good news for altcoin price movements. Soon we will start the movement of the altcoin season which begins with a very high increase in Ethereum prices because they managed to enter the Ethereum ETF. AltSeason is coming soon, maybe in a few days time.

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Quote from: Bureau on May 23, 2024, 08:58:36 PM

With the approval of Ethereum ETFs there is a big chance of alt season to start by next month. Already most altcoins are in green today while Bitcoin is in red which is a sign that alt season is coming soon. I am expecting a big bull run this year wherein we will see both Bitcoin and Ethereum creating new ATH before the year end. This will naturally create a rally for altcoins to follow these two dominant force in crypto market.

The approved Ethereum ETF is positive news that will push the price of ETH higher and other altcoins will certainly be affected. I'm quite happy with the good news as I've also started holding some of the top altcoins and indeed waited for AltSeason to actually arrive. But whether AltSeason comes next month or not is still uncertain, because there will be many obstacles that will occur. But the hope is that AltSeason will happen soon, which will provide a lot of profit for diamond hands that hold back the long term.

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Quote from: batang_bitcoin on May 23, 2024, 04:48:56 PM

The first sign that we'll see altcoin season is when BTC moved a lot. From what we've seen lately, it moved a lot but still not enough to say that we're in the altcoin season. Usually it comes after BTC so, if you see that there's a huge correction after sudden pumping of BTC, it's not yet the time IMO. But that graph is a good guide if someone isn't confident with their own analysis, you can use that a reference but still the market has always been unpredictable.

Altcoins have their own season where they tend to explore and keep the huge pumps coming in. We just have to portrayed good strategy inother to stay low and observed the market. There are other good paths to acknowledge in the space, we should always be careful when dealing with the market because surprises comes to us when we're not prepared to face them. BTC will not move in the expected direction, because this particular project is filled with volatility.

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We can't just alone be keeping talks about the up and down price movements of Bitcoin or any currency, we all know that the market is volatile which comprises of upward and downward movement in price valu. Our guess might be or may not be correct, if the Altcoin season might begin next month but one thing we are so much confident about is that we must experience the season. We are encouraged to continue filling up our bags just before it happens.

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Quote from: Jose Mourinho on May 22, 2024, 11:45:46 AM

I think it is very difficult to determine when the bull run season will come, but if you look at the graphs and market statistics, it is very likely that the altcoin season will arrive soon, especially now that many altcoins are already green, of course this is an early sign that altcoins will soon increase, of course This is the right time to start buying and investing altcoins,

we actually don't know if I'm the next month is the correct time of altcoins bill run maybe in the near future but still we can not get the right time when it has happen. Even though Bitcoin is currently shocked the market and reached the price 70k up and for sure altcoins will go up too. Like Ethereum the price is increasing so it's better to have some this coin in order to have a good profit someday if it will go up higher and higher. Anyways it's up to us if we gonna buy or not but like what I said we can not sure if next month is the bull run of an altcoins.

DiMarxist

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Since the Ethereum spot ETF has been approved then next month the price might increase again but as for me Ethereum has already started it Bull Run since the time when the price reached $3,700. And the next target is $10k or more. This days the price too is not coming down like the way it was when SEC has not discussing with them.
In the next few months investors of Ethereum will have good profit from the investment.

leonair

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Quote from: DeathAngel on May 24, 2024, 12:23:49 PM

Altcoin price action usually lags behind Bitcoin price action so whenever Bitcoin flies high, expect altcoins to follow shortly after. We’re not get at peak bull phase, it might he 2025 that happens. Great news about the Ethereum Spot ETF approval though. It will bring much needed regulation & acceptance that ERC-20 tokens are the real deal.

Yes altcoin prices go up and down depending on bitcoin price so when there is a big positive effect on bitcoin price altcoins get pumped a lot. So when the bull run of altcoin will happen it can be said only when the price of Bitcoin will pump a lot. But if one can invest in potential top altcoins now with risk then something good can be found in the upcoming bull run. However, profits from altcoins cannot be guaranteed. And altcoins are often seen as scams, so you should not invest except for the top coins.

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Altcoin price action usually lags behind Bitcoin price action so whenever Bitcoin flies high, expect altcoins to follow shortly after. We’re not get at peak bull phase, it might he 2025 that happens. Great news about the Ethereum Spot ETF approval though. It will bring much needed regulation & acceptance that ERC-20 tokens are the real deal.

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Quote from: MusaMohamed on May 24, 2024, 05:22:43 AM

Coming months will be very chaotic because the altcoin season starts, market makers will try to make some market wash outs to prepare for their manipulation in altcoin season.

If you already filtered the market, chose and accumulated good altcoins, hold them and don't feel fearful with fud in coming months.

The game rules is changing, and if we see other ETFs after ETH, it can give a good boost, because it will open the options for institutional players!

MusaMohamed

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Quote from: Volimack on May 23, 2024, 10:01:28 PM

The future of altcoins may be better after the approval of Ethereum ETF.

The approval of Ethereum Spot ETF can be a start of something bigger for this market. If Ethereum is not a security, many other altcoins will not be securities and they will no longer be arbitrarily suited by SEC. like how SEC. did many times recent years without any solid base on existing laws and regulations.

A biggest threat for altcoins is how they are classified by SEC. as a commodity or security?

If it is a commodity, it is no longer regulated by SEC. but will be regulated by CFTC.

Based on current Howey test, SEC. just arbitrarily classify altcoins as securities and there are pressure to compose new Act to define cryptocurrencies as security or commodity, to replace or adjust the Howey test.

Does crypto pass the Howey test?

Quote

As many of these large institutions start buying Bitcoin, expect a bull run at any moment. Altcoins can go higher in a bull run. Long standing concerns about market manipulation, coupled with cryptocurrency, cast doubt on the future of Ethereum ETFs. But the approval of Bitcoin ETFs will open the door for similar Ethereum products, potentially further advancing cryptocurrencies into mainstream financial markets.

Coming months will be very chaotic because the altcoin season starts, market makers will try to make some market wash outs to prepare for their manipulation in altcoin season.

If you already filtered the market, chose and accumulated good altcoins, hold them and don't feel fearful with fud in coming months.

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I am confident that Altcoin season will come but not sure if this will happen in June next month because there are so much hindrances that is in the table so i believe that its too complicated to reach this high for a moment or next month.
maybe we are in the waiting for a time being and expecting increase in the next quarter or the last this year.

Quote from: Volimack on May 23, 2024, 10:01:28 PM

The future of altcoins may be better after the approval of Ethereum ETF. As many of these large institutions start buying Bitcoin, expect a bull run at any moment. Altcoins can go higher in a bull run. Long standing concerns about market manipulation, coupled with cryptocurrency, cast doubt on the future of Ethereum ETFs. But the approval of Bitcoin ETFs will open the door for similar Ethereum products, potentially further advancing cryptocurrencies into mainstream financial markets.

what if this don't come mate this year? what if the ethereum ETF approval after next year ? so that means the increase will happen in 2025?

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Quote from: Bureau on May 23, 2024, 08:58:36 PM

With the approval of Ethereum ETFs there is a big chance of alt season to start by next month. Already most altcoins are in green today while Bitcoin is in red which is a sign that alt season is coming soon. I am expecting a big bull run this year wherein we will see both Bitcoin and Ethereum creating new ATH before the year end. This will naturally create a rally for altcoins to follow these two dominant force in crypto market.

We all saw the impact of the Bitcoin ETF on the price rise in Bitcoin although it took some time before the effect was felt but it still got some nice increase that even lead to breach of the former ATH of Bitcoin so I think this approval of the Ethereum ETF will also have significant increase and effect to the price of Ethereum and other altcoins as well. If am let to predict I would say we will gladly see some change right around 1-3 months from now.

Essential10

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There is a lot of skepticism about whether altcoins will rise in value in the next month, based only on speculation and no real word of mouth. Since the beginning of this year we have seen Ethereum, Solana, BNB coins go up following Bitcoin. Now there is no guarantee that the next alt season will start just around Ethereum ETF approval as we have seen a lot of ETF drama in the past. Whether the altcoin season starts next month or not will happen sometime in the future, so if you think investing in any altcoin is worth it in the current market then it is better to start investing because in high market you can have investment disagreement.

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After all, it is chart a presentation of the past and we can assure that this will be the same scenario that we experience in the coming days.
However, with the improving situation of the market and Bitcoin price, any of these days we might witness price rallies. I think we need to trust the market, it is been too long already that we have been in this volatile situation. If the price of Bitcoin pumps, altcoins will then follow, I'm sure this is very clear to us. Therefore, before we think about altcoin season, we also think about the current market situation. Otherwise, we speculate it wrongly.

Of course, I recall the past events but most of all, I analyze the market based on the current situation because there are a lot of factors affecting the trend which we never see in the past.

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The future of altcoins may be better after the approval of Ethereum ETF. As many of these large institutions start buying Bitcoin, expect a bull run at any moment. Altcoins can go higher in a bull run. Long standing concerns about market manipulation, coupled with cryptocurrency, cast doubt on the future of Ethereum ETFs. But the approval of Bitcoin ETFs will open the door for similar Ethereum products, potentially further advancing cryptocurrencies into mainstream financial markets.

Bureau

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With the approval of Ethereum ETFs there is a big chance of alt season to start by next month. Already most altcoins are in green today while Bitcoin is in red which is a sign that alt season is coming soon. I am expecting a big bull run this year wherein we will see both Bitcoin and Ethereum creating new ATH before the year end. This will naturally create a rally for altcoins to follow these two dominant force in crypto market.

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Quote from: CoinMin3r on May 23, 2024, 02:39:43 AM

Quote from: rhodelmabanal on May 22, 2024, 10:59:26 PM

Based on my observation altcoins season is not far from today, the continuous rising of the bitcoin price can trigger both new and old altcoins to follow btc trend and i believe that few months or starting next week or months altcoins season will begin so be prepared for it.

Yeah bitcoin price is rising continuously and hadn't collapsed like it used to happen after reaching ATH. It falls a bit but retraces its path upward as soon too. So it may trigger upward trend for other alts too once investors realizes this and large amount of funds come into alts market. So alt season is inevitable which hadn't happened properly since 2018 whereas BTC reached its ATH multiple time since then. One can expect this but no one can tell when will it happen precisely.

In the past, when Bitcoin reached a new ATH, there was bad news that made many people panic and many whales and other investors sold their assets at cheap prices. But seeing Bitcoin successfully reach a new ATH price of $73k makes investors and whales more confident to keep raising Bitcoin prices.

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There's going to be an altcoin run in the future for sure. There was one crazy run between October 2023 to February 2024 before everything hit a climax for that dip in the middle of February. Most of the altcoins have been in the accumulation phase because Bitcoin had all the attention with the ETFs and Halving events that pulled attention from altcoin. Now that ETFs for ETH has been approved by SEC, we might see another altcoin run with ETH leading the charge followed by eth betas

batang_bitcoin

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The first sign that we'll see altcoin season is when BTC moved a lot. From what we've seen lately, it moved a lot but still not enough to say that we're in the altcoin season. Usually it comes after BTC so, if you see that there's a huge correction after sudden pumping of BTC, it's not yet the time IMO. But that graph is a good guide if someone isn't confident with their own analysis, you can use that a reference but still the market has always been unpredictable.

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Quote from: Mpamaegbu on May 20, 2024, 08:53:13 PM

By the way, I don't understand what you actually meant by ETH outperforming Bitcoin when we know that Bitcoin dominance of the market is still above 51% while ETH has 16%. There's still a huge gap.

Maybe he meant ETH's rise was higher than bitcoin's this week then he said a big role for the next altcoin season, yes this is also because of the news that the Ethereum ETF has been approved.

Quote from: wheelz1200 on May 22, 2024, 05:58:59 PM

I don't know why people focus in on "altcoin season". It's simple. Once bitcoin takes off so does altcoins. Once bitcoin tanks so does altcoins. Trying to track past history on alts is fruitless, just do TA on bitcoin copy/paste in alts and there you have it. Bitcoin runs the market, alts follow.

Since they want bigger profits then waiting for the altcoin season when this explodes the rise could be higher.
But I believe in what you said when bitcoin flies then altcoins will follow and vice versa, so the role of bitcoin is very important in the next altcoin season this will also coincide with the bullrun.

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I saw the sign few days ago that altcoins season will happen in the month of June, which BTC and ETH has started taking some steps to pump for their hodlers to have hope of earning from the market soon.

This is the reason I was adding to my BTC and ETH, but some of my friends said am doing the wrong thing that BTC and ETH will not going to pump again this year which they have seen the new move of the price, and it will make people to earn big profits from their hodling when the bull run occur.

Yes, altcoins season will hit market next month because there is a little movement this week that will push the season to favor those that are hodling altcoins before the end of next month.

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Quote from: rhodelmabanal on May 22, 2024, 10:59:26 PM

Based on my observation altcoins season is not far from today, the continuous rising of the bitcoin price can trigger both new and old altcoins to follow btc trend and i believe that few months or starting next week or months altcoins season will begin so be prepared for it.

Yeah bitcoin price is rising continuously and hadn't collapsed like it used to happen after reaching ATH. It falls a bit but retraces its path upward as soon too. So it may trigger upward trend for other alts too once investors realizes this and large amount of funds come into alts market. So alt season is inevitable which hadn't happened properly since 2018 whereas BTC reached its ATH multiple time since then. One can expect this but no one can tell when will it happen precisely.

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Quote from: Mpamaegbu on May 20, 2024, 08:53:13 PM

Don't be quick to forget that Ethereum is also an altcoin. So, when referring to altcoin season; ETH is also included. By the way, I don't understand what you actually meant by ETH outperforming Bitcoin when we know that Bitcoin dominance of the market is still above 51% while ETH has 16%. There's still a huge gap.

I did not write anything that ETH ourperforms Bitcoin and you misunderstood my post. Ethereum is like other altcoins, can outperform Bitcoin in short term but in long term, Bitcoin is the best in safety for your investment and its ROI.

Bitcoin dominance might fall to 48% to 49% in coming days and it will give time for altcoins to have a strong wave of recovery.

Quote from: Jawhead999 on May 22, 2024, 10:22:25 AM

I think he meant if ETH price increased higher than Bitcoin price in terms of percentage, ETH outperform BTC. Cheesy

But it's only outperform in that time.

I did not mean so but because you both said about outperform of Ethereum against Bitcoin, if you see the chart at my topic writing time, it is an outperform at that time but it's not what I implied when I wrote this.

I only shared two graphics and want to discuss about possibility of an altcoin season with signals from Bitcoin and Ethereum, not discuss about performance of Ethereum against Bitcoin.

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Based on my observation altcoins season is not far from today, the continuous rising of the bitcoin price can trigger both new and old altcoins to follow btc trend and i believe that few months or starting next week or months altcoins season will begin so be prepared for it.

Volimack

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The price of altcoins is rising after the ETF is approved so it looks like the altcoin season is about to start soon. A certain altcoin is the best for investment and also has a good long-term potential. Although my selection may differ from everyone else's, 2022 has been a challenging year for the crypto space, which has caused most coins to fall in price. The new year brings hope that the crypto market can overcome losses.

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Quote from: Bureau on May 22, 2024, 06:21:21 PM

These are uncertain times and maybe alt season might start if Ethereum ETF gets approved. Bitcoin is the only crypto that has been performing way better than altcoins for now. It will continue to go in the upward direction if the demand through ETF doesn't fade away. The current market is being pumped due to speculation and ETF.

Heavy on the if ethereum etf gets approved. While I think that it can definitely influence the price of ethereum and a lot of other altcoins, I don’t think it can kickstart an altcoin season. People think that whatever altcoin they invest in would pump after the halving and bitcoin etc but it didn’t. So it might just happen again but with ethereum.

btc78

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Yes it is true that most experts observe for altcoins to pump like crazy usually after a bitcoin halving or a bull run. This usually happens because people are taking profit and looking to see where else can they put their money outside bitcoin. Though I don’t think they will be necessarily “outperforming” bitcoin any time soon.

Even though there’s a high chance this might happen, still be careful with the altcoins you’re going to invest in.

Bureau

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These are uncertain times and maybe alt season might start if Ethereum ETF gets approved. Bitcoin is the only crypto that has been performing way better than altcoins for now. It will continue to go in the upward direction if the demand through ETF doesn't fade away. The current market is being pumped due to speculation and ETF.

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Quote from: Mpamaegbu on May 20, 2024, 08:53:13 PM

Don't be quick to forget that Ethereum is also an altcoin. So, when referring to altcoin season; ETH is also included. By the way, I don't understand what you actually meant by ETH outperforming Bitcoin when we know that Bitcoin dominance of the market is still above 51% while ETH has 16%. There's still a huge gap.

Maybe what is meant is the growth rate of Ethereum which has performed better than Bitcoin this week. As far as I remember Bitcoin rose 11-12% in the last week where Ethereum rose around 20%. It is impossible for anyone to say that Ethereum outperforms Bitcoin in terms of market cap because we know that Bitcoin's market dominance is very large. As you said, about 51%.

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Quote from: wheelz1200 on May 22, 2024, 05:58:59 PM

I don't know why people focus in on "altcoin season". It's simple. Once bitcoin takes off so does altcoins. Once bitcoin tanks so does altcoins. Trying to track past history on alts is fruitless, just do TA on bitcoin copy/paste in alts and there you have it. Bitcoin runs the market, alts follow.

I feel that what is triggering the altcoin season this time is not the increase in Bitcoin prices, but there is the possibility of influence from the Ethereum ETF which may be launched soon so that it can trigger whales to increase the price of altcoins on exchanges. We can see some time ago when the Ethereum ETF proposal was given again to the SEC for review. When that happened the price of Ethereum rose by 20%. Then if the SEC accepts the Ethereum ETF proposal without any revisions, it will make altcoin prices soar higher than we imagined.

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I don't know why people focus in on "altcoin season". It's simple. Once bitcoin takes off so does altcoins. Once bitcoin tanks so does altcoins. Trying to track past history on alts is fruitless, just do TA on bitcoin copy/paste in alts and there you have it. Bitcoin runs the market, alts follow.

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There are some points here.

1. The last halving of bitcoin took place at 2020. The bullish trend was happening around early 2021

It means that if altcoins may not be having bullish trend until bitcoin will always keep climbing up even higher than before.

2. The chart is not even showing altcoins to eat bitcoin's dominance.

The recent increase that happens on ethereum helped altcoins a lot to regain its dominance but this is not giving a good impact to the whole altcoins.

Ethereum was the only coin that was surging a lot. Meanwhile, the majority of altcoins are still stuck in the same place. This tells us that if there was no movement came from altcoins. We shall wait it even longer than what we are thinking.

It's caused by im not seeing a significant move is happening with altcoins at this moment.

Jose Mourinho

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I think it is very difficult to determine when the bull run season will come, but if you look at the graphs and market statistics, it is very likely that the altcoin season will arrive soon, especially now that many altcoins are already green, of course this is an early sign that altcoins will soon increase, of course This is the right time to start buying and investing altcoins,

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This will be my first bull run experience in the crypto space, but from my research of other bull runs, Bitcoin bull seasons precedes altcoins bull seasons, and if that speculation is anything to rely on, that means that altcoins season cannot be next month. We're still recovering from post halving Bitcoin price dip, and not quite into it's bull run, and I think that investors are still accumulating Bitcoin, in expectant of making ROI, that is when I believe that they will want to reinvest profit into altcoins, that will make them to be bullish. Atleast this is the theory that I've been able to put together, before alt season will starts.

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I don't think the graphs are followed properly. Bitcoin had its all time high two months ago and it again neared the price a couple of days ago. The price of bitcoin is still sustaining above 70K, that may mean, we are going to see a new all time high very soon. Many other coins too had their all time high touched in last day while a lot of older coins are still to hit their all time high that was a few years ago. I just mean there's no concrete boundary dividing bitcoin, Ethereum or altcoins. Unlike last bull, not all coins are increasing when most of the market is in bull. That signifies, there are more choices and not every coin would fit the generalization of altcoin.

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Quote from: Jawhead999 on May 22, 2024, 10:22:25 AM

I don't think the graph is still relevant, in 2017 most projects are ERC-20 tokens, that's why the money flowing in ETH since the project need to have gas fees. But nowadays, most people don't like ERC-20 tokens anymore due to high fees, it moved to BSC and now it moved to SOL.

Quote from: Mpamaegbu on May 20, 2024, 08:53:13 PM

I don't understand what you actually meant by ETH outperforming Bitcoin when we know that Bitcoin dominance of the market is still above 51% while ETH has 16%. There's still a huge gap.

I think he meant if ETH price increased higher than Bitcoin price in terms of percentage, ETH outperform BTC. Cheesy

But it's only outperform in that time.

That's only his opinion based on analysis, I don't see it in reality of Bitcoin market right now. The huge difference of eth and btc price is hard to break, if there's a probability of altcoin season for next coming months then we will wait and see. Predictions is hard to foresee, performance of altcoins is still getting more interesting for most holders and with positivity I think everything will follow in perfect timing.

Jawhead999

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I don't think the graph is still relevant, in 2017 most projects are ERC-20 tokens, that's why the money flowing in ETH since the project need to have gas fees. But nowadays, most people don't like ERC-20 tokens anymore due to high fees, it moved to BSC and now it moved to SOL.

Quote from: Mpamaegbu on May 20, 2024, 08:53:13 PM

I don't understand what you actually meant by ETH outperforming Bitcoin when we know that Bitcoin dominance of the market is still above 51% while ETH has 16%. There's still a huge gap.

I think he meant if ETH price increased higher than Bitcoin price in terms of percentage, ETH outperform BTC. Cheesy

But it's only outperform in that time.

Mpamaegbu

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Activity: 2716

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Once a man, twice a child!

Quote from: MusaMohamed on May 20, 2024, 08:08:54 PM

If you see the graphics above is insightful and contains fact in this market, Bitcoin and Ethereum already shown their roles and next months will be for an altcoin season.

Don't be quick to forget that Ethereum is also an altcoin. So, when referring to altcoin season; ETH is also included. By the way, I don't understand what you actually meant by ETH outperforming Bitcoin when we know that Bitcoin dominance of the market is still above 51% while ETH has 16%. There's still a huge gap.

MusaMohamed

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Sources of image.

https://x.com/rektcapital/status/1792651187784699931
https://x.com/SecretsOfCrypto/status/1388967948979609603

Bitcoin eventually stopped it boring and uncertain time after about more than 10 weeks of correction. Now it starts to rise sharply and will retest its all time high again.

Ethereum has a big pump today too.

If you see the graphics above is insightful and contains fact in this market, Bitcoin and Ethereum already shown their roles and next months will be for an altcoin season.

It's not an altcoin season yet but you can buy altcoins now and wait for altcoin season.
https://www.blockchaincenter.net/en/altcoin-season-index/

Topic: Altcoin season, will it come next months? (Read 451 times)