Analyst: The copycat season is coming, and a 40% daily increase will become the new normal

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PANews
05-11
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PANews reported on May 11th that, according to Cointelegraph, analyst Mister Crypto predicted that the Altcoin season is about to arrive, and the next 3 to 6 months might "change lives", hinting that daily gains of 40% could become the new norm. Analyst 2Lambroz believes the Altcoin season may have arrived, but he noted that market dynamics have changed. "People want to buy, but lack confidence in any strong narrative". He pointed out that unlike in 2021, there are currently no signs of retail investors entering the market. Traders are moving funds more quickly, with almost no motivation to hold long-term positions. Technical trader Moustache was more optimistic. He shared a chart showing Altcoins repeatedly experiencing accumulation phases, followed by explosive growth. According to his analysis, the current structure is similar to the situations in 2016 and 2020. "The 2025 Altcoin season has officially begun".

However, skeptics still exist. Commentator Rekt Fencer noted that most Altcoins have dropped 90% since last December. This week's small 10% rebound has triggered excessive optimism, prompting him to mock this wave of recovery.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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