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Altcoin Season Incoming? Chart Hits Level That Preceded Past Rallies

  • Key dominance metrics have reached historically significant support levels, often preceding strong altcoin outperformance relative to Bitcoin.
  • Two key metrics indicating potential altcoin rally support signals are Altcoin Dominance (excluding Stablecoins) around the 25% mark and Altcoin Dominance (excluding ETH and Stablecoins) just above 18%.
  • These levels have historically acted as launch points for altcoin-led rallies over multiple market cycles but don't guarantee an incoming altseason.
  • Alphractal suggests increased volatility and potential altcoin outperformance whether Bitcoin continues to rally or sees a correction.
  • Traders should monitor momentum shifts, especially if Bitcoin dominance starts to decrease.
  • Historical data shows that touching these dominance support levels often precedes significant market share gains by altcoins, particularly smaller caps.
  • Crypto investors and traders are advised to pay close attention to altcoin charts as there may be a pivotal shift in market dynamics.

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