Is The Biggest Altseason Coming Soon? Analysts Are Eyeing a Crypto Market Shift
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Analysts suggest that the altcoin market may be approaching a 'momentum bottom,' as observed by the crypto Top 200 Equal Weight Index, despite its downward trend. The Altseason indicator hints at a possible recovery. Daily active user (DAU) count across blockchains has surged by 97% year-to-date. Nevertheless, Bitcoin's dominance remains high at 54%, indicating it is still 'Bitcoin season.'
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