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Altcoin Market Cap Breakout: Analyst Says Altcoin Party Hasn’t Started Yet

  • Crypto market sees significant inflows, with most going into Bitcoin.
  • Ethereum receives large inflows, surges by about 24% in the past week.
  • Altcoin market cap breaks out of descending trendline, indicating possibility of upcoming altcoin season.
  • Altcoin Season Index currently at 38, hinting that altcoin season may be closer than expected.

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