💎 Crypto analyst Kevin Swenson, who accurately predicted the recent Bitcoin surge, now sees strong potential for altcoins. According to him, the coming months could spark a significant boom in the altcoin market.
His forecast is based on the OTHERS index — the total crypto market capitalization excluding the top 10 assets and stablecoins. This index is already showing signs of revival — a signal that money might start flowing massively into altcoins.
Why could altcoins skyrocket?
- Ethereum breaking above $4000 is a key psychological and technical level that historically triggers the altseason. ETH acts like a catalyst that can heat up the entire altcoin market.
- Undervaluation of Ethereum — Swenson believes the current ETH price is below its true value. If ETH price continues to rise, smaller altcoins with potential for multiple growth will follow.
Which altcoins are in focus?
- Projects from the Ethereum ecosystem — Layer 2 solutions, DeFi protocols, LSD protocols (Liquid Staking Derivatives), which are actively developing and gaining users.
- Low-cap altcoins capable of repeating ETH’s success and delivering significant profits.
- Projects focused on stablecoins — often acting as a bridge between stability and growth, especially during volatile periods.
Altcoin Dominance chart:
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Helps to understand when investors switch from BTC to alts.
What could hinder the altseason?
Bitcoin corrections can temporarily slow altcoin growth — BTC often sets the tone for the entire crypto market. But if Ethereum can hold above $4000, it will be a strong signal for investors, and the altseason could very well start in the coming months.
💡 Summary: Investors should closely watch key ETH levels and the OTHERS index — they may be the harbingers of the next wave of altcoin market growth.
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