🚨 Is Altcoin Season Finally Here? 🚨
Next week could be a turning point
#Bitcoin dominance is just one step away from breaking the 2.5-year uptrend, while #Ethereum has just surpassed $4,000
If this week's close is confirmed, we could see the strongest altseason signal since 2022
This is my plan 🧵👇
The 1/x #Bitcoin dominance is a chart that needs attention.
Key level? 60.5%, where the 50-week SMA is located.
Since January 2023, it has never been broken, even during last year's Trump campaign rallies.
If we close below this level this week, we will see the first real weekly downtrend in 2.5 years.
2/x Why is it important? When the dominance of $BTC declines, capital will shift to other products.
A weekly closing price around 59% will be a larger movement than after last year's election and is the clearest trigger for altcoin season in years.
3/x Let's talk about $ETH.
The $4,000 mark has been a struggle, having been rejected 3 times in the past 18 months.
But the higher the level tested, the weaker it becomes.
This is indeed the case. We have now broken through $4,000, and the next target is $4,600-$4,850, which is the 2021 high for $ETH.
Swing traders: support at $3,350.
Hodlers: aiming higher.
$XRP has been on an upward trend since June.
The higher lows are $1.92 → $2.74.
There is no historical resistance now, only Fibonacci targets:
🎯 $3.80
🎯 $4.10
🎯 $4.47
As long as $2.74 holds, there is a possibility to rise to $4.47.
5/x $BNB
In USD, the price seems expensive, but compared to $BTC, it's ridiculously cheap. Key price level: $600.
If we maintain the support mentioned above, we can avoid the bear market lows on the BNB/BTC chart.
If $ETH and $XRP continue to run, then $BNB will next break through $1000.
6/x $SOL: The SOL/BTC pair is forming an inverted head and shoulders pattern.
Neckline: 0.00165
Target: Reach $236 through Fib extension, currently at $260 ATH.
The $ADA chart is very simple.
Matching the low point at 0.69 (November 2023 and June 2024) clearly proves invalid.
Target: $1.10, major historical resistance level.
Risk/Reward is clear. Stop-loss below $0.69, target price at $1.10.
8/x $DOGE is back in the middle of the breakout range.
Key level: Target price is $0.335. This is currently one of the most suitable currencies for retail investors.
$BTC, $ETH, $XRP explode → $DOGE follows closely behind. Always has been.
9/x Why the top 10 alternative stocks are important: retail investors don't start buying from small-cap stocks
Once $BTC, $ETH, $XRP move, the crowd will buy:
🔹 $BNB
🔹 $SOL
🔹 $ADA
🔹 $DOGE
🔹 $TRX
High liquidity, large audience, still cheap compared to $BTC
The real altcoin season levels for me:
🔹 $SOL → above $1000
🔹 $BNB → above $1000
🔹 $ADA → above $1.5
🔹 $DOGE → above $0.4
Seize these opportunities, and then we chase the next wave. Until then, don't rush to seize the market.
The debot functions are: AI signal, chain scanning, and Twitter monitoring
Signal entrance
Twitter monitoring I observed separately:
Big cousin @cz_binance
Sister @heyibinance
Old Ma @elonmusk
I use a window for AI signals for the time being, and it will be perfect when BSC and SOL can be placed in two small windows at the same time, celebrity dynamics + AI signals + fast chain swing
The most complete and detailed GMGN video tutorial 🔥 on the whole network #memecoin
How can the earth dog earn that splashing wealth if he doesn't buy it at the first time!
1. Sweep and sweep
2. Find hot spots and search for disks with the same name
3. Pay attention to the more awesome KOLs
4. If you miss Ryuichi, you have to learn to find Ryuji
5. Learn to keep track of smart wallets
Links to the GMGN website:
gmgn TGBot:
58.05K
6
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.