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X Explodes With Altcoin Talk, but Experts Say the Rally Isn’t Here


by Lisa walter
for CoinEdition
Altcoin Season? Experts Say It’s Just Twitter Hype—for Now
  • Analysts say altcoin season hype lacks proof, and retail traders are still missing.
  • ALT/BTC pairs remain weak as bots and insiders dominate low-liquidity trading.
  • CMC index sits at 24, far below the level needed to confirm a true altcoin rally.

The X platform is seeing a lot of discussion about altcoin season, but experts think that the time is not quite right yet. Bitcoin is rising sharply, but most other altcoins have not changed much in price. According to experts, there is no strong proof of real momentum behind this trend. Most of the hype comes from online conversations, not from real market analysis. Retail participation has yet to materialize, and key indicators suggest a modest move forward.

According to Analyst VirtualBacon, the market’s strength is not what it appears to be. Even though bitcoin dominance is going up, most smaller coins are not making much progress. The CoinMarketCap Altcoin Season Index is currently at 24.…

The post X Explodes With Altcoin Talk, but Experts Say the Rally Isn’t Here appeared first on Coin Edition.

Read the article at CoinEdition

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Altcoins Cratered in Oct. 10 Crypto Flash Crash as Bitcoin Held Up, Wiston Capital Says

Altcoins Cratered in Oct. 10 Crypto Flash Crash as Bitcoin Held Up, Wiston Capital Says

Wiston Capital's Charlie Erith says a leverage cascade drove the Oct. 10 break, with ...
Crypto Analyst Describes How to Trade the Narrative-Influenced Altcoin Market

Crypto Analyst Describes How to Trade the Narrative-Influenced Altcoin Market

Read The Full Article Crypto Analyst Describes How to Trade the Narrative-Influenced ...

X Explodes With Altcoin Talk, but Experts Say the Rally Isn’t Here


by Lisa walter
for CoinEdition
Altcoin Season? Experts Say It’s Just Twitter Hype—for Now
  • Analysts say altcoin season hype lacks proof, and retail traders are still missing.
  • ALT/BTC pairs remain weak as bots and insiders dominate low-liquidity trading.
  • CMC index sits at 24, far below the level needed to confirm a true altcoin rally.

The X platform is seeing a lot of discussion about altcoin season, but experts think that the time is not quite right yet. Bitcoin is rising sharply, but most other altcoins have not changed much in price. According to experts, there is no strong proof of real momentum behind this trend. Most of the hype comes from online conversations, not from real market analysis. Retail participation has yet to materialize, and key indicators suggest a modest move forward.

According to Analyst VirtualBacon, the market’s strength is not what it appears to be. Even though bitcoin dominance is going up, most smaller coins are not making much progress. The CoinMarketCap Altcoin Season Index is currently at 24.…

The post X Explodes With Altcoin Talk, but Experts Say the Rally Isn’t Here appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Altcoins Cratered in Oct. 10 Crypto Flash Crash as Bitcoin Held Up, Wiston Capital Says

Altcoins Cratered in Oct. 10 Crypto Flash Crash as Bitcoin Held Up, Wiston Capital Says

Wiston Capital's Charlie Erith says a leverage cascade drove the Oct. 10 break, with ...
Crypto Analyst Describes How to Trade the Narrative-Influenced Altcoin Market

Crypto Analyst Describes How to Trade the Narrative-Influenced Altcoin Market

Read The Full Article Crypto Analyst Describes How to Trade the Narrative-Influenced ...