Oy vey! After weeks of trading in the red, the crypto market is suddenly a “big opportunity” for altcoin investors? Please, someone get me a schnitzel! 🙄 The altcoin market cap already tanked from $1.64 trillion to $931 billion – a regular fire sale! This Darkfost fella says it’s the “perfect moment” to buy? Maybe he’s got a bridge to sell me too! 🌉
And get this – Bitcoin dominance is about to collapse! Altseason is “just around the corner!” I haven’t heard such baloney since my Uncle Morty tried to convince me he invented sliced bread! 🍞
Time To Buy Altcoins? Or Time to Run?! 🏃♂️
According to this Darkfost, altcoin trading volumes are in a “key accumulation phase.” Sounds like a fancy way of saying “we’re trying to pump this thing up!” Dollar-cost averaging (DCA)? More like dollar-cost aggravating! 😠
Time to DCA Altcoins !
This chart is a valuable tool for identifying favorable periods to buy or sell altcoins.
It compares the aggregated 30-day Altcoin trading volume for
Stablecoin quote pairs to its annual average.We’ve just entered a buying zone, defined by…
— Darkfost (@Darkfost_Coc) April 10, 2025
This chart, schmart! It compares 30-day trading volume to the yearly average. When it drops below, it’s a “good time to buy.” The last time this happened, altcoin prices “started rising.” Well, color me impressed…NOT! 😒
Right now, the signal has reappeared. September 2023? Before altcoin prices rose? So what? My bubbe’s kugel recipe also “reappears” every Passover. Doesn’t mean it’s a guaranteed hit! 🍲
Will Bitcoin Dominance Fall? Or Will It Just Take a Nap? 😴
Bitcoin’s dominance (BTCD) has been rising since January. Now it’s at 63.50%! Big whoop! 🤷♂️
This Mister Crypto fellow says Bitcoin dominance is at a “key resistance level” with a “rising wedge pattern.” Sounds like something you’d find in my dentist’s waiting room magazine! This pattern is “bearish,” meaning a “strong pullback” is coming. Oy, my head hurts! 🤕
Mister Crypto’s chart is like 2021, when Bitcoin dominance dropped. That led to an “altcoin rally.” If history repeats itself, Bitcoin dominance could drop by 30x! 30x?! My Uncle Leo said he’d lose 30 pounds by next Tuesday! I’m not holding my breath! 💨
Altcoin Season Index Hints Different Story. Maybe We Should Just Play Mahjong! 🀄
The altcoin season index has dropped to a low of 18. Altcoins are “underperforming” compared to Bitcoin. Well, duh! 🙄
This index tracks the top 50 altcoins and compares them to Bitcoin. A low score means Bitcoin is dominating. So, basically, this whole thing is a shanda! 🤡
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2025-04-10 18:11