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#BTC##ETH#
Why is the altcoin season coming? To understand this, we first need to know why altcoins have been falling. The main reason is that BTC is in the $100,000 range. When BTC surpasses $100,000, a pullback is expected. When BTC rises, altcoins fall, and when BTC falls, altcoins drop even further.
When BTC reaches a new high and stays above $100,000, the previous $100,000 resistance becomes the bottom support. As a result, BTC's rise no longer causes altcoins to drop; instead, altcoins rise sharply because they have already fallen a lot. This sharp rise in altcoins leads to capital outflow from BTC, causing BTC to trade sideways. Historically, this kind of scenario often occurs in March.
That's why I believe the altcoin season is coming. Concerns about interest rate hikes in Japan or the Fed not cutting rates aren't new. Even in March 2023, rates weren't cut, yet PEPE saw a tenfold increase. Stick to the old strategy: increase holdings for swing trading and patiently wait for March.
#Join Lunar New Year Party & Share $150,000 Rewards##$BTC Breaks Historical High##Can $TRUMP Recover to New Highs After the Dip?# The market sentiment in these two days is like this:
On the weekend, $TRUMP made its debut, soaring all the way to a peak of $79.7! Everyone shouted thanks to Mr. Trump!
This morning, Old Te's wife, the new currency MELANIA, was born, continuing to suck the market's blood. Everyone take a look at your own imitations, which are accelerating to the bottom and losing more than 20%. They are cursing the Trump family as vampires!
At noon, BTC hit a new high of 110,000, and the market showed some signs of rebound. Long live Lao Te!
These days, the market has been completely stirred up by Lao Te, and there is a wail in the market, because the token of the Lao Te family is sucking blood, causing losses to millions or even tens of millions of people in the currency circle, which is indeed crazy!
What do you think of the trend after Trump took office? Are you confident to persist?
#GT# #BTC#Why is it said that the altcoin season is coming? First of all, we need to understand why altcoins have been falling all along. This is because BTC is in the 100,000 range. When BTC exceeds 100,000, there is an expectation of a pullback, so BTC rises and altcoins fall; when BTC falls, altcoins fall even more! This leads to parallel bullish BTC and bearish altcoins. When BTC reaches a new high and does not drop below 100,000, the previous top resistance at 100,000 directly becomes the bottom resistance level. Altcoins will not fall due to BTC rising; instead, they will rise more sharply (because they have fallen a lot). The sharp rise of altcoins causes capital overflow from BTC, leading to BTC trading sideways, which is similar to the situation in March every year in history. That's why I say the altcoin season is coming. Some may ask me what to do with Japan raising interest rates and the Fed not cutting rates. It's already known that in March 23, rates were not cut throughout, and pepe increased tenfold. Stick to the old routine: increase holdings for swing trading and wait patiently for March. 
