Mixed Signals Dey Leave Altcoin Season Future No Sure
Analysts dem divided if altcoin season go come soon or e go fall. Markus Thielen from Matrixport dey warn say market still weak structurally, e talk say di Q4 2024 rallies dem no get strong foundation and funding rates dey begin fade. Bitcoin dominance wey steady near 60% don make people dey talk say e fit make money shift, but low excitement fit stop big altcoin season. On di other hand, SwissBlock’s Altcoin Vector talk say smart capital dey quietly gather positions, e show say momentum and market structure dey improve before possible breakout. Plus, long-term descending triangle for USDT dominance fit mean say money dey move from stablecoins go altcoins, wey fit start full altcoin season if breakdown happen sharply. Traders suppose dey watch funding rates, Bitcoin dominance and USDT dominance trends to sabi when to enter market.
Neutral
Market signals dey mixed: Matrixport dey show structural weakness plus momentum wey dey fade, but SwissBlock dey point to early accumulation plus possible breakout setups. Historical short rallies for Q4 2024 show say altcoin seasons fit fizzle if no strong fundamentals dey. Short term, traders fit expect more volatility and make dem cautious because funding rates dey drop and Bitcoin dominance trends no too sure. Long term, if USDT dominance break down sharply, e fit bring fresh liquidity enter altcoins, fit spark rally. Till then, outlook remain neutral as opposing factors balance each other.