🚨 BIG BREAKINGAltcoin season will start this week.DO. NOT. SELL https://t.co/Mf4nZmX5AU ...

Core Insights - Altcoin season refers to periods when most large altcoins outperform Bitcoin, typically occurring after a Bitcoin bull run loses momentum [4][5] - During altcoin seasons, the risk-return balance shifts, presenting both opportunities and temptations for investors [1][2] Investment Strategies - Long-term investors should continue dollar-cost averaging (DCA) into Bitcoin and Ethereum, regardless of price fluctuations during altcoin seasons [6][8] - Bitcoin's capped supply and halving events contribute to its increasing scarcity and value, while Ethereum's role in decentralized finance (DeFi) ensures its continued relevance [7] Market Behavior - A key indicator of altcoin season is when 75% or more of the top 50 altcoins outperform Bitcoin over the previous three months [5] - Although altcoin prices may rise significantly, investing in altcoins during these periods can be risky [9]

Core Insights - The article discusses the phenomenon of altcoin season, a period characterized by significant capital rotation from Bitcoin to various altcoins, leading to substantial price increases for non-Bitcoin cryptocurrencies [1][2]. Group 1: Common Mistakes During Alt Season - Mistake No. 1: Over-investing - During alt season, altcoins like Ethereum, Solana, and Cardano often experience rapid price increases, which can lead to over-enthusiasm among investors. This can result in overtrading and speculative positioning, as fear of missing out (FOMO) drives investors to make impulsive decisions [4][5]. - The article emphasizes the importance of having a preset investing schedule and position sizing to mitigate emotional decision-making. Dollar-cost averaging (DCA) is suggested as a strategy to maintain discipline and manage risk effectively [6][7]. - Mistake No. 2: Rotating out of quality to chase the hottest new thing - Investors may be tempted to sell high-conviction assets like Bitcoin to invest in lower-quality altcoins that are experiencing rapid price gains. This common mistake can lead to poor long-term investment outcomes as investors misinterpret short-term price increases as indicators of quality [8][10].

Core Insights - Altcoin season is benefiting tokens with strong momentum and liquidity, with Zcash leading the charge, followed by Litecoin and NEAR [1] Zcash (ZEC) - Zcash is trading at approximately $235, reflecting a 27% increase in 24 hours and a 382% rise over the past month [2] - Analysts attribute ZEC's surge to three main factors: renewed focus on privacy features, institutional access to products, and a sharp breakout that triggered momentum systems and squeezed short positions [3] - Market structure indicates significant turnover during the initial surge, with buyers actively defending reclaimed levels [3] - Growth in shielded activity and new trading pairs for ZEC are contributing to its usage and maintaining steady demand [4] - Future performance depends on sustained participation; if volumes remain strong and prices hold above support levels, ZEC could maintain its leadership [4] Litecoin (LTC) - Litecoin is currently priced around $133, up 13% in 24 hours, following a push towards a resistance band between $135 and $140 [5] - Ongoing discussions regarding ETFs are keeping LTC relevant in allocation conversations during favorable market conditions [5] - Traders are monitoring whether LTC can maintain its position above the breakout band with increasing volume, which would support its continued rotation in the altcoin season [6] NEAR Protocol (NEAR) - NEAR is trading at approximately $3.19, with an 11.7% increase in 24 hours, supported by steady turnover and incremental ecosystem updates [7] - The recent price movement is characterized as a gradual build rather than a sudden spike, suggesting more sustainable participation during the current rotation [7]

Market Trends - Altcoin season is expected to start next week [1] Investment Advice - The advice is DO NOT SELL [1]

Altcoin season is finally here? 🧐 https://t.co/MluhGnVcs8 ...

Every #alt season starts the same way, disbelief first, euphoria later ...

Core Insights - The current altcoin season in October is characterized by liquidity flowing into tokens with strong usage, new listings, and technical breaks, with Zcash, Mantle, and SPX6900 being notable examples [1] Zcash (ZEC) - Zcash is trading at approximately $159, reflecting an 18% increase in the last 24 hours, driven by a surge in privacy utility and rising shielded usage [2] - A significant one-day surge of over 60% was recorded last week, indicating heightened interest in privacy features [2] - The ongoing momentum in Bitcoin and privacy sectors keeps ZEC prominent in trading activities [3] Mantle (MNT) - Mantle is currently priced around $2.50, with a 10% increase in the past 24 hours, supported by recent updates including a Bybit rollout and the launch of the UR app [4] - The integration of Ethena's USDe is expected to enhance access and trading volume, contributing to Mantle's stability during this altcoin season [4] - Traders are monitoring whether trading volumes will remain above breakout levels to sustain momentum [4] SPX6900 (SPX) - SPX6900 is trading near $1.53, with a 6.7% increase in the last 24 hours, benefiting from a recent Coinbase listing and overall market strength [5] - The circulating supply is approximately 931 million, indicating a high liquidity level among meme tokens [5] - Analysts note that the price is being supported by ETF inflows and Bitcoin gains, with traders watching key price bands for potential continuation [5][6] Altcoin Season Dynamics - The altcoin season in October is marked by a mix of privacy-driven interest, exchange support, and meme token flows, with ZEC, Mantle, and SPX6900 showing strong performance [7] - The overall market tone is positive, influenced by ETF-related inflows and rising Bitcoin prices, which enhance risk appetite across various altcoin baskets [7]

Core Insights - Altcoin season is a highly anticipated period characterized by significant outperformance of altcoins compared to Bitcoin, typically occurring about a year and a half after a Bitcoin halving [5][6] - The current market conditions suggest that altcoin season may be imminent, particularly with Ethereum often leading the charge [5][6] - Historical trends indicate that altcoin seasons are usually short-lived, lasting from two to six months, but can yield substantial returns for investors [8][9] Summary by Sections Definition and Timing - Altcoin season does not have a fixed schedule or duration, but it is marked by a surge in altcoin prices relative to Bitcoin [2][5] - The next Bitcoin halving is expected in April 2024, which may trigger the upcoming altcoin season [5] Market Dynamics - Bitcoin dominance, which measures the percentage of total crypto market value held in Bitcoin, has been declining, indicating a shift of capital towards altcoins [7] - Investors often seek riskier assets after Bitcoin's momentum slows, leading to increased interest in altcoins [6] Historical Performance - During the 2021 alt season, notable gains were observed, with Solana increasing by 421% and Ethereum by 36% from late August to the end of the year [8]

Core Insights - Bitcoin has reached a new all-time high of $125,506, increasing its market dominance to 59% [1][3] - The surge in Bitcoin's price is attributed to factors such as the stablecoin market cap reaching $300 billion and the release of $1 billion in frozen funds from FTX [2] - Institutional interest in Bitcoin is growing, reinforcing its status as the "market's anchor" [3] Market Dynamics - The current rally raises questions about the potential end of the anticipated "altcoin season," but experts suggest it is not over yet [4] - There is a possibility of a rotation into altcoins, but Bitcoin's declining bullish momentum could lead to a "bear trap" [5] - Users of the prediction market Myriad estimate a 60% chance of Bitcoin's dominance rising to 64% [6] Investor Sentiment - A key signal for potential altcoin momentum is Bitcoin's dominance falling below 55% [7] - Despite short-term uncertainties, overall market sentiment remains positive, with expectations of continued favorable conditions [7]