Hopes rise for altseason, but signals aren’t there yet
Crypto analysts said the altcoin season could be arriving soon as liquidity shifts to risk assets, but altseason indicators currently stand at bear market lows.
Crypto analysts speculate the long-awaited altcoin season may not be far away, but indicators are painting a different picture.
A “massive liquidity shift” later this year will lead to a “parabolic pump” for altcoins, predicted crypto analyst “Ash Crypto.”
The majority of altcoins have been lackluster this year, despite Bitcoin (BTC) surging 680% from its November 2022 bear market low and other major assets, such as tech stocks and gold, hitting all-time highs.
