We are approaching a critical period for altcoins.
Historically, an altcoin season (Altseason) usually begins around the same time as the current one:
The inverse correlation between altcoins outside the top 10 and USDT dominance is at its lowest, meaning the liquidity flow is about to change direction.
This pattern is now forming again. The same situation occurred last year:
USDT dominance fell, while the Altcoin/BTC chart rose. Liquidity flowed in the direction of #Bitcoin, #Ethereum, Altcoin sequentially, triggering a general altcoin rally in the market.
This divergence has not yet been clearly confirmed, but leading signals are beginning to reappear.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
We are approaching a critical period for altcoins.
Historically, an altcoin season (Altseason) usually begins around the same time as the current one:
The inverse correlation between altcoins outside the top 10 and USDT dominance is at its lowest, meaning the liquidity flow is about to change direction.
This pattern is now forming again. The same situation occurred last year:
USDT dominance fell, while the Altcoin/BTC chart rose. Liquidity flowed in the direction of #Bitcoin, #Ethereum, Altcoin sequentially, triggering a general altcoin rally in the market.
This divergence has not yet been clearly confirmed, but leading signals are beginning to reappear.
#Octobermarketprediction