Hopes rise for altseason, but signals aren’t there yet

💡 DMK Insight

Altcoin season might be on the horizon, but don’t get too excited just yet. With Litecoin currently at $96.20, the buzz around a potential altcoin rally is palpable, especially as liquidity appears to be shifting towards risk assets. However, altseason indicators are still at bear market lows, suggesting that while the sentiment is shifting, the underlying momentum isn’t fully there. Traders should be cautious; a premature jump into altcoins could lead to losses if the broader market doesn’t confirm this shift. Keep an eye on Litecoin’s performance—if it breaks above $100, it could signal stronger bullish momentum, but a drop below $90 might indicate a return to bearish sentiment. Also, watch Bitcoin’s price action closely, as it often dictates the flow into altcoins. If Bitcoin stabilizes or rallies, it could provide the lift altcoins need. But if it falters, expect altcoins to follow suit. The next few weeks will be crucial—monitor liquidity trends and key resistance levels for both Bitcoin and Litecoin.