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Altcoin Boom in July? Historical Patterns Suggest a Breakout Is Coming

beincrypto.com

16 hour ago

Altcoin Boom in July? Historical Patterns Suggest a Breakout Is Coming

The crypto market shows signs of an impending altcoin season, with historical patterns and market data signaling a potential surge. Investors are weighing the right opportunity to accumulate altcoins. Market Trends Mirror Previous Breakout Cycles Currently, most altcoins have lost significant value after market corrections, leading the community to believe the altcoin season is over. However, history offers hope. Analyst Danny points out that the current altcoin structure mirrors 2017 and 2021, two explosive cycles. With predictions that a $150 investment in low-cap altcoins at the right time could turn into $500,000 by August, this opportunity is stirring excitement, despite significant risks. Danny’s take on the 2025 altcoin cycle. Source: Danny “The crypto altcoin market is on the verge of an inevitable pump—just like what happened in 2021,” Danny shared. TOTAL3 Signals Breakout Moreover, X user CrypFlow notes that the TOTAL3 (total market cap excluding BTC and ETH) index signals an imminent breakout. Charts show a potential upward trend as TOTAL3 has moved within a parallel channel since the cycle low in 2022. TOTAL3. Source: CrypFlow Each time altcoins break the downtrend, they surge upward. CrypFlow notes this happened twice before this cycle, in October 2023 and November 2024. “Not much room left between the channel and the downtrend. It’s looking like altcoins will explode in July!” CrypFlow stated. With current market volatility, many traders emphasize that July is the golden time to act, especially as Bitcoin Dominance (BTC.D) reaches 66.40%. When BTC Dominance hits this level, capital often flows to altcoins, paving the way for an altseason explosion. Strategy is key to seizing this opportunity. Stockmoney Lizards suggests a “Low-IQ” approach: buy when RSI is below 30, diversify capital, and take 30-50% profits. This helps avoid the FOMO trap. “You won’t get rich quick. But you also won’t lose everything like 99% of altcoin traders do,” Stockmoney Lizards shared. However, risks remain, as whales dump and low liquidity can trigger sudden price drops. Investors should focus on altcoins with strong fundamentals rather than speculative projects.

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