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Altseason or Just a Mirage? Analysts Debate the Future of Altcoins
The crypto market has been abuzz with the possibility of an upcoming altcoin season. However, the consensus appears to be far from unanimous among experts. Some argue that the rally has already begun, while others believe it’s merely delayed.
According to Ki Young Ju, CEO of CryptoQuant, a selective altcoin season is underway. He highlights that, unlike previous cycles where Bitcoin whales would take profits and channel them into alternative assets, much of BTC’s current strength is driven by ETFs, effectively locking those funds and preventing their rotation into alts.
Source: cryptopotato.com
