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Bitcoin and all major cryptocurrencies are consolidating, while altcoins are showing an unprecedented oversold condition. Looking at this pace, it’s very similar to the nights before the two altcoin seasons in 2017 and 2021—each time, it feels just like this.
From the perspective of rebounding from long-term support levels, we are actually at a critical technical position. If history repeats (which is highly likely), the altcoin season shouldn’t be too far away. Of course, no one can predict exactly when this cycle will truly start, but based on the current market structure, all signals point to this.
So, are you ready? Opportunities like this are right in front of us. Major coins like BTC, ETH, and BNB are also brewing, and once they ignite, the explosion potential of smaller coins could surpass your expectations. Remember this analysis.