TRON

The cryptocurrency market is showing clear signals of an emerging altcoin season, with Bitcoin dominance (BTC.D) <a href="https://www.tradingview.com/symbols/BTC.D/" rel="noopener noreferrer nofollow">declining</a> from 61% to 55%. The altcoin market has progressed beyond its initial phase, with large-cap cryptocurrencies leading the charge.Crypto analyst Pepesso highlighted in a recent <a href="https://x.com/0xPepesso/status/1864019286823497987" rel="noopener noreferrer nofollow">tweet thread</a> that crypto is all about cycles. He highlighted how the funds flow from BTC to ETH and then to high caps, mid caps and low caps. According to his analysis, the first phase where money flows into Bitcoin and causes a price surge is over. The market is now in the second phase, where money is starting to flow into large caps.<a href="https://cryptotale.org/xrp-surpassed-2-will-it-touch-a-new-all-time-high-of-5/" rel="noopener noreferrer nofollow">XRP&#39;s</a> breakthrough above $2.82 from $1.37 serves as a notable indicator, while projections suggest Chainlink (LINK) could reach $30 and <a href="https://cryptotale.org/will-dogecoins-price-spike-lead-to-another-major-dip/" rel="noopener noreferrer nofollow">Dogecoin </a>(DOGE) might achieve the $1 milestone. Analyst Miles Deutscher provides valuable insight into altcoin season dynamics, noting that market sectors tend to outperform sequentially.<a href="https://cryptotale.org/is-this-the-time-for-traders-to-focus-on-altcoins/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Is This the Time for Traders to Focus on Altcoins?

CryptoTale

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