What’s your outlook on the altcoin market right now?

[malekbaba]

The altcoin market has been pretty unpredictable lately — some projects are showing strong recovery, while others are losing momentum.

I’m curious to hear what everyone thinks: are we in the early stages of a new alt season, or is this just a short-term hype before another correction?
Personally, I’ve noticed that trading volumes for mid-cap coins are rising again, but the sentiment still feels mixed.

What indicators or factors are you watching most closely when analyzing altcoins right now?

To be honest I am confused. But eagerly waiting for another bull run. BTC did well in recent years. But Alts are sleeping . I usually check BTCD, Total3 charts to judge or predict the market. And MACD, RSI, and Volume, these are useful indicators for me. But no one actually can predict. People often use previous Data, pattern, trend. Sometimes we can predict but most of the time BTC hears Nothing.

[Humblevirus]

Based on what is happening now, it is really hard to predict altcoins market. The only way some people can predict altcoins now is through Bitcoin, because almost all altcoins have been following the steps of Bitcoin. Now, if Bitcoin’s price drops, altcoins always drop, and when Bitcoin’s price increases, almost all altcoin prices also increase.So, I don’t really look at anything else before I predict altcoins. Bitcoin is the guideline for most of the altcoins I invested in, but I still lost money in most of the altcoins I invested in, especially new projects.

[JeffBrad12]

To be honest I am confused. But eagerly waiting for another bull run. BTC did well in recent years. But Alts are sleeping . I usually check BTCD, Total3 charts to judge or predict the market. And MACD, RSI, and Volume, these are useful indicators for me. But no one actually can predict. People often use previous Data, pattern, trend. Sometimes we can predict but most of the time BTC hears Nothing.

Altcoin market defy all these technical indicator because the market is not natural and usually controlled by market makers. The main reason why it's so unpredictable is because altcoin don't get the same organic price movement unlike bitcoin therefore technical analysis could instead be a trap.
Too many sudden buys up and sudden dump in every corners. In time like this, just settle with bitcoin. You will make more profit and it's easier to navigate around.

[bounceback]

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Altcoin market defy all these technical indicator because the market is not natural and usually controlled by market makers. The main reason why it's so unpredictable is because altcoin don't get the same organic price movement unlike bitcoin therefore technical analysis could instead be a trap.
Too many sudden buys up and sudden dump in every corners. In time like this, just settle with bitcoin. You will make more profit and it's easier to navigate around.

Yes, it is true that when the market conditions are in a decline like what is happening now, it would be better if we only focus on bitcoin because with bitcoin we can still get a little profit and can minimize the risk of loss, unlike altcoins because if you buy altcoins that do not have strong fundamentals when the market is in a decline, it will cause high risks and sometimes we have to lose money with these altcoins, especially since most altcoins will not be able to recover their prices after experiencing a decline, unlike bitcoin.