Crypto analysts believe 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 now, but altcoin season indicators are painting a different picture for now.
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.
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