Wen altseason?
Sure, here's a clearer and more polished version of your text:
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The question on everyone's mind, especially after the recent bloodbath across altcoins, is:
Could prices go lower, or is this the bottom?
While anything is still possible, this chart offers some interesting insights.
This is the TOTAL3 chart, which excludes BTC and ETH, and also removes stablecoins USDT and USDC, valuing the basis in BTC. From my perspective, it's the best way to track when we have reached the bottom.
Lows Run = Pain delivered
The main objective has been hit recently. Now, I am observing to see if a trending environment starts to build over the next few weeks.
Confirmation
If we see new highs relative to the local price action before the lows were taken out, I would be more confident in saying that we are in an altseason.
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---
The question on everyone's mind, especially after the recent bloodbath across altcoins, is:
Could prices go lower, or is this the bottom?
While anything is still possible, this chart offers some interesting insights.
This is the TOTAL3 chart, which excludes BTC and ETH, and also removes stablecoins USDT and USDC, valuing the basis in BTC. From my perspective, it's the best way to track when we have reached the bottom.
Lows Run = Pain delivered
The main objective has been hit recently. Now, I am observing to see if a trending environment starts to build over the next few weeks.
Confirmation
If we see new highs relative to the local price action before the lows were taken out, I would be more confident in saying that we are in an altseason.
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Check out my YouTube channel - Crypto With Pav, for crypto market analysis. You can also join my free telegram for more frequent updates - t.me/pavs_ta_temple
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Check out my YouTube channel - Crypto With Pav, for crypto market analysis. You can also join my free telegram for more frequent updates - t.me/pavs_ta_temple
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.