Crypto Express

07/13 09:40

Positive altcoin shift confirmed?

Worth pointing out that there have been several altcoin season calls in H1, and none have materialized similar to last November’s broader market surge.

A select number of altcoins like Hyperliquid [HYPE] raked in triple-digit rallies, while others dumped harder. So, is this time any different? 

Well, Swissblock data suggests so. The crypto insights firm flagged that 15% of the top 100 altcoins had a positive impulsive signal per its proprietary model. It added, 

“We’re in an early altcoin recovery cycle. Impulse awakening: 15% of top 100 alts show positive impulse—rotation is starting.”

Per Swissblock, the same impulse signal was flagged before last November’s altcoin bull run. This meant that we could be in the early innings of a strong altcoin season. 

#HTX 12th-Anniversary Carnival#Share Your Thoughts on Popular Assets in June#Claim1,200 USDT in the Monthly Creation Challenge#Do you think NEWT is promising?# Israel’s attack on Iran.

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