Former Bloomberg Analyst: Altcoin Season May Appear in Weeks
Former Bloomberg analyst Jamie Coutts suggests that the best time to invest in altcoins is when both the Smart Contract Platform (SCP) index and the Altseason Index are on the rise.Current situation:The SCP index is trending upwards and may soon surpass its March high. The first condition is met.The Altseason Index has dropped to 26%. The second condition is not met.BTC continues to dominate, and the recovery of ETH has not yet spread to the wider SCP sector. Based on the cryptocurrency, presidential, and liquidity cycles, the altcoin season signal may appear in a few weeks. Investors can prepare in advance or focus on assets that are currently performing well, such as $SOL $NEAR $TON.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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